Actionable news
0
All posts from Actionable news
Actionable news in RBS: THE ROYAL BANK OF SCOTLAND GROUP PLC,

European Markets Rise After Bank of England Injections

European markets were on the rise on Friday morning as investors digested the Bank of England's monetary policy injections. The central bank yesterday lowered the interest rate to 0.25%, saying that it could come down further in subsequent meetings.

The bank also announced a £10 billion ($11.14 billion) corporate bond buying program and added £60 billion to the asset purchase program.

Pound-denominated corporate bonds today saw yields fall to record lows. The average corporate bond yield fell 21 basis points to 2.25%, according to figures from Bank of America Merrill Lynch.

Data out of the U.K...


More