Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

  • Security Type:Rate

Bank of England Asset Purchase Program Target Amount

+ Add to Watchlist

UKAPTARG:IND

375.00 0.000.00%

As of 08:00:03 ET on 03/05/2015.

Snapshot for Bank of England Asset Purchase Program Target Amount (UKAPTARG)

Open: 375.00 High: 375.00 Low: 375.00

Rate Chart for UKAPTARG

No chart data available.
  • UKAPTARG:IND 375.00
  • 1M
  • 1Y
Interactive UKAPTARG Chart

Previous Close

No chart data available.
Interactive Chart
  • 1W
  • 1M
  • YTD
  • 1Y
  • 3Y
  • 5Y
Close:
Open:
High:
Low:
Volume:
Recently Viewed Symbols
Save as Watchlist
Saving as watchlist...

Rate Profile Information for UKAPTARG

In January 2009, the Chancellor of the Exchequer authorised the Bank to set up an Asset Purchase Facility (APF) to buy high-quality assets financed by the issuance of Treasury Bills. The aim of the Facility was to improve liquidity in credit markets. The Chancellor also announced that the APF provided an additional tool that the Monetary Policy Committee (MPC) could use for monetary policy purposes. When the APF is used for monetary policy purposes, purchases of assets are financed by the Bank creating money, rather than by issuance of Treasury Bills. Purchases of assets will be undertaken by a subsidiary of the Bank - the Bank of England Asset Purchase Facility Fund. An indemnity is provided by HM Government to cover any losses arising from the Facility. The APF will be able to purchase UK government securities (gilts) in the secondary market and high-quality private sector assets, including commercial paper and corporate bonds.

Quotes delayed, except where indicated otherwise. All prices in local currency. Time is ET.

Sponsored Link
Advertisement
Advertisement
Advertisements
sec ||= nil