Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 384 million from Sanctuary Treasury on 25 March 2021

Announcement

25 Mar 2021

On 25 March 2021, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Sanctuary Treasury was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 384 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Mar 2021

Revocation date:

No revocation date

Updated: 25 Mar 2021
State loan In force
On 25 March 2021, the Bank of England announced that Sanctuary Treasury was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF)...
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