Sterling issuance may benefit as Carney raises ultra-dovishly

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Sterling issuance may benefit as Carney raises ultra-dovishly

Nigel Owen
November 02, 2017 05:00 pm
Carney Smile
The governor of the Bank of England Mark Carney during the announcement of the Bank of England quarterly Inflation Report and interest rate decision, at the Bank of England, in the City of London. | Stefan Rousseau/PA Wire/PA Images

The first UK interest rate rise for 10 years, announced on Thursday, may stimulate sterling corporate bond issuers, because the Bank of England’s accompanying statement was even more dovish than expected.

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