Correspondence

Asset Purchase Facility (APF) ceiling, November 2024

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 12 November 2024.

From:
HM Treasury
Published
12 November 2024

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Details

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.

Updates to this page

Published 12 November 2024

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