To support larger businesses that have been affected by a short-term funding squeeze due to the Coronavirus outbreak, the Bank of England will buy short-term debt to support those businesses.
How much is available
Businesses will need to discuss their circumstances with their bank
Who is eligible
Companies and their finance subsidiaries that make a material contribution to the UK are able to participate. More details are available here.
How to claim
Businesses will need to contact their bank. If your bank doesn’t issue commercial paper, UK Finance can provide a list of banks that are able to help