Bank of England Rejects Thermal Coal Bonds as Collateral for Loans

Bank of England Rejects Thermal Coal Bonds as Collateral for Loans

Yahoo Finance reports that the Bank of England is tightening its balance sheet by excluding bonds linked to thermal coal operations from its lending framework. Starting this October, commercial institutions can no longer use these assets as security when borrowing from the centra

Yahoo Finance reports that the Bank of England is tightening its balance sheet by excluding bonds linked to thermal coal operations from its lending framework. Starting this October, commercial institutions can no longer use these assets as security when borrowing from the centra