Correspondence

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England 22/09/2022

Unwinding the Asset Purchase Facility, September 2022

Documents

Letter from the Governor of the Bank of England to the Chancellor of the Exchequer 22/09/2022

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Letter from the Chancellor of the Exchequer to the Governor of the Bank of England 22/09/2022

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The Monetary Policy Committee (MPC) met on 21 September 2022, and voted to reduce the Asset Purchase Facility’s (APF) stock of purchased assets through a programme of gilt sales. Following this decision, an open letter from the Governor of the Bank of England was sent to the Chancellor on 22 September 2022. The Chancellor replied to the Governor on 22 September 2022

Published 22 September 2022