UK Asset Purchase Facility
It increases demand for bonds which usually leads to lower long-term interest rates;
Source discontinued this program in Feb 2022;
- UK Asset Purchase Facility Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Feb 3, 2022 | 875B | 875B | |
| Dec 16, 2021 | 875B | 875B | 875B |
| Nov 4, 2021 | 875B | 875B | 875B |
| Sep 23, 2021 | 875B | 875B | 875B |
| Aug 5, 2021 | 875B | 875B | 875B |
| Jun 24, 2021 | 875B | 875B | 875B |
| May 6, 2021 | 875B | 875B | 875B |
| Mar 18, 2021 | 875B | 875B | 875B |
- Details
Specs
Source:
Measures:
Total value of money the BOE will create and use to purchase government assets in the open market;
Frequency:
Scheduled monthly;
Derived Via:
MPC members vote on the total amount of money to create for the program. The individual votes are published 2 weeks later in the MPC Meeting Minutes;
Also Called:
Quantitative Easing Programme, Money Printing Programme;
Event Type:
Central Bank