Bank of England extends Government’s emergency overdraft account amid coronavirus crisis

United Kingdom News News

Bank of England extends Government’s emergency overdraft account amid coronavirus crisis
United Kingdom Latest News,United Kingdom Headlines
  • 📰 The Independent
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Ways and Means facility to be extended to enable the Government to borrow to meet its spending commitments

The Government’s main source of financing is selling bonds – known as Gilt-edged securities – to private investors via the Debt Management Office .

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