BOE Says Corporate-Bond Buying Program May End Ahead of Schedule

The Bank of England said it may finish a 18-month corporate-bond buying program ahead of schedule because investors are more willing to sell than expected.

“It seems probable that the bank will be able to complete the purchase program faster than we thought possible,” Chris Salmon, the central bank’s executive director for markets, said in a Jan. 24 speech in London. This may be because BOE buying has boosted secondary-market liquidity “by more than we had allowed for,” he said.