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Fitch affirms Bank of England
Fitch Ratings said it affirmed Bank of England's long-term issuer default rating at AA.
The outlook is negative.
“The BoE's rating reflects its central role in the U.K. and international financial system,” the agency said in a news release.
“The rating is underpinned by support from the U.K. sovereign. The near certainty of sovereign support for the BoE derives from its national strategic importance, as well as ownership by the U.K. Treasury.”
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