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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Monday, 13 December 2010.


Economy: Quantitative Easing

Question
To ask Her Majesty’s Government, further to the remarks by Lord Sassoon on 22 November (Official Report, col. 975), what percentage of each ten-year maturity gilt is owned by the Asset Purchase Fund used to implement quantitative easing.
Answer

The data for amounts of gilts outstanding are available from the Debt Management Office’s website, while the nominal amount of gilts held by the Asset Purchase Facility can be found on the Bank of England website. These show that the Asset Purchase Facility holds £10.9 billion nominal of the £31.4 billion nominal in issue of 4¾ per cent Treasury Stock 2020, and that it holds none of the 3¾ per cent of Treasury Gilt 2020.


Secondary information

Type
Written question
Reference
4818; 723 c116-7WA
Session
2010-12
Related items
Finance (No. 2) Bill
Monday, 22 November 2010
Parliamentary proceedings
House of Lords
Subjects
Government securities Monetary policy Money supply
Link
View this Written question on www.publications.parliament.uk