Sunday, July 19
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Topic: collateral

The Bank of England on Threadneedle Street in the City of London
Economy
Sunday, 7/19, 07:52 AM

The Bank of England stops taking coal-linked bonds as collateral

  • From October, commercial banks can no longer pledge bonds linked to thermal coal when they borrow from the Bank of England.
  • The direct market effect is small, but it establishes that a central bank will price climate transition risk into what it accepts as security.

collateral — news and stories on this topic

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