Correspondence
Asset Purchase Facility (APF) ceiling, February 2012
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.
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
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Details
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.
Updates to this page
Published 5 August 2013