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BOE: FPC Says Overall UK Risk Environment Standard...>

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BOE: FPC Says Overall UK Risk Environment Standard
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The BOE FPC issued a statement from its policy meeting saying that 
it continues to judge that, apart from those related to Brexit, domestic 
risks remain standard overall and that the risks from global 
vulenrabilities remain elevated.  Brexit risk primarily comes in the 
form of derivative conteacts which mature in 2019 and onwards. There has 
been a lack of progress on this, with the EU not making any offer to 
permit the continued servicing of up to stg27 trillion.  Whilst domestic 
risk has not provided the FPC with cause for concern, there are signs of 
increasing domestic appetite in recent quarters shown by the gross 
issuance of leveraged loans and high-yield bonds by UK companies 
increasing in 2017. 

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