Correspondence

Asset Purchase Facility (APF) ceiling, March 2020

皇冠体育app Monetary Policy Committee met on 19 March 2020 and agreed to implement a package of monetary policy stimulus measures which required an increase in the asset purchase facility limit. This prompted an exchange of letters between the Governor of the Bank of England and the Chancellor on 19 March 2020.

From:
HM Treasury and 皇冠体育app Rt Hon Rishi Sunak MP
Published
19 March 2020
This was published under the 2019 to 2022 Johnson Conservative government

Documents

PDF, 2.23 MB, 2 pages

PDF, 924 KB, 3 pages

Details

皇冠体育app letters exchanged between the Chancellor of the Exchequer and the Governor of 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 19 March 2020

Sign up for emails or print this page

Related content