Notice issued by the Bank of England, 29 April 1986.
Interest has been expressed by a number of companies in issuing short-term debt securities in sterling, with a maturity of less than one year, of a type similar to dollar commercial paper issued in the United States and in the international markets. This notice describes arrangements to enable companies to issue such paper. The arrangements extend the steps taken in March 1985 to facilitate the issue of short-term corporate bonds with a maturity of between one and five years (described in the Bank of England's notice dated 19 March 1985).
Sterling commercial paper - Notice issued by the Bank on 29 Apr 1986