This has been the case for highly rated large corporations as well as for other corporations. 2  BIS central bankers’ speeches  Banks have been able to re-access the market, for both funding and for raising capital, and the strong divergence in funding costs across constituencies has receded somewhat.
There was even a brief period when banking ran the risk of once again becoming – one of the less reputable professions! Tonight, as I welcome you all to the Bank, we are putting these concerns aside. Tonight, I am exercising one of the powers, and indeed, one of the great privileges, of being Governor of a central bank, by issuing a new coin.