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Correspondence: Asset purchase facility (APF) ceiling, November 2022

Hm Treasury

November 22
18:00 2022

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England

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Letter from the Governor of the Bank of England to the Chancellor of the Exchequer

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need aversion of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk.Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The letters exchanged between the Chancellor and the Governor agreed to reduce the maximum authorised size of the APF. The decision was in line with an approach agreed in February 2022 where the Chancellor and Governor decided to periodically reduce the maximum authorised size of the APF as the size of the APF falls.

Published 22 November 2022

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