Correspondence
Asset Purchase Facility (APF) ceiling, May 2022
皇冠体育app Chancellor of the Exchequer and the Governor of the Bank of England jointly agreed to reduce the maximum authorised size of the APF. This was confirmed via a letter exchange on 5 May 2022.
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皇冠体育app letters exchanged between the Chancellor and the Governor agreed to reduce the maximum authorised size of the APF. 皇冠体育app decision was in line with an approach agreed in February 2022 where the Chancellor and Governor decided to periodically reduce the maximum authorised size of the APF as the size of the APF falls.
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Published 5 May 2022