Asset purchase facility (APF) ceiling, November 2020

Published By GOV.UK [English], Thu, Nov 5, 2020 3:41 AM


The Monetary Policy Committee met on 4 November 2020 and agreed that a further easing of monetary policy is warranted 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 5 November 2020.

Press release distributed by Media Pigeon on behalf of GOV.UK, on Nov 5, 2020. For more information subscribe and follow