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Greening the corporate bond portfolio

BOE
  • There are a number of headlines hitting the wires about corporate bond purchases and greening the portfolio. These are all taken from Hauser's speech today that we highlighted in the Gilt Week Ahead as worth watching.
  • Recall that the BOE's remit was recently changed so that it had to take into account climate change. On 3 March the following statement was included in Chancellor Sunak's update to the remit: "I am today updating the MPC's remit to reflect the government's economic strategy for achieving strong, sustainable and balanced growth that is also environmentally sustainable and consistent with the transition to a net zero economy. "
  • For the paper behind Hauser's speech today click here.

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