Article preview: The Bank of England has announced plans to align a significant part of its bond portfolio with the government’s green agenda. The Bank will better align £20 billion worth of sterling corporate bonds as the government moves closer towards its net-zero carbon goals. Despite the intention to better align corporate bonds with the green agenda, the Bank does not plan to sell off those corporate bonds issued by high-carbon businesses, including utility and oil companies.
Bank of England aligns corporate bonds for net zero
This 301-word blog post looks at the Bank of England’s intentions to realign their corporate bond holdings with the government’s green agenda. Written on 21st May 2021.
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