Booming sterling market shakes off central bank exit
London
LOCAL and international companies were out in force in the sterling market, helping the sector continue its impressive run this quarter despite the Bank of England (BOE) pulling the plug on its bond buying programme.
The sector has been on a tear since last summer, when in response to the vote to leave the European Union, the BOE said it would use its firepower to buy corporate paper from September 2016.
