quantiative easing

Claire Jones

The Bank of England’s Asset Purchase Facility – the vehicle through which it conducts QE – is up £9.8bn.

According to accounts released today, an increase in the mark-to-market value of bonds held by the facility (the vast majority of which are gilts) coupled with £11.8bn in cash, largely from coupons, means the assets held on its balance sheet were worth £209.7bn. The Bank has loaned £199.9bn. Read more