'Industry bond' proposed by thinktank

The loans in turn could be packaged up as bonds and sold to the Bank of England, the National Endowment for Science, Technology and the Arts (Nesta) said, according to the Guardian. The Bank is looking for ways to kickstart lending to the small business sector through credit easing, With the Treasury continuing to work on how its proposed credit easing plan will operate, Nesta reckons "British industry and enterprise bonds" could be created by packaging up the business loans granted by banks and given top-notch ratings that would enable them to be bought through the Bank's £75bn quan...