- Analytics
- News and Tools
- Market News
- BOE publishes details on energy markets financing scheme
BOE publishes details on energy markets financing scheme
The Bank of England (BOE) published a market notice on Monday, setting out how energy firms and their commercial lenders can apply to participate in the energy markets financing scheme (EMFS).
Additional takeaways
Energy markets financing scheme is open to applications from today.
The scheme will be open to applications from 17 October 2022 until noon on 27 January 2023.
Three fees payable by energy firms for participation in the EMFS.
From Dec 31 names of energy firms who have or have had an additional tranche of a credit facility guaranteed by the bank may be published.
Market reaction
At the time of writing, GBP/USD is heading back towards 1.1300, awaiting UK Chancellor Jeremy Hunt’s statement on fiscal policy U-turn.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
