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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Thursday, 2 December 2010.


Gilts

Question
To ask Her Majesty’s Government, further to the statement by Lord Sassoon on 22 November (Official Report, col. 977), to what extent gilt issuance of £127.4 billion in the year to date has been offset by purchases in support of quantitative easing through the Asset Purchase Fund.
Answer

In the 2010-11 financial year to date, there have been no purchases of gilts via the Asset Purchase Facility as part of the Bank of England's Monetary Policy Committee's quantitative easing programme.


Secondary information

Type
Written question
Reference
4442; 722 c482WA
Session
2010-12
Related items
Finance (No. 2) Bill
Monday, 22 November 2010
Parliamentary proceedings
House of Lords
Subjects
Government securities Monetary policy
Link
View this Written question on www.publications.parliament.uk