Correspondence

Asset purchase facility (APF) ceiling, October 2011

This publication contains letters exchanged between the Chancellor of the Exchequer and the Governor of the Bank of England on the Asset purchase facility ceiling.

Documents

Letter from the Governor of the Bank of England to the Chancellor of the Exchequer 06/10/11

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Detail

The government published letters exchanged between the Chancellor of the Exchequer and the Governor or the Bank of England that authorise the MPC to increase the ceiling on the scale of asset purchases through the APF financed by the issuance of central bank reserves.