Asset Purchase Facility (APF) ceiling, November 2022 - GOV.UK
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Correspondence Asset Purchase Facility (APF) ceiling, November 2022 The Chancellor of the Exchequer and the Governor of the Bank of England jointly agreed to reduce the maximum authorised
size of the APF. This was confirmed via a letter exchange on 22 November 2022.
From: HM Treasury and The Rt Hon Jeremy Hunt MP Published 22 November 2022 Get emails about this page This was published under the 2022 to 2024 Sunak Conservative government Documents Letter
from the Chancellor of the Exchequer to the Governor of the Bank of England PDF, 72.7 KB, 1 page
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[email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use. Letter from the Governor of the Bank of England
to the Chancellor of the Exchequer PDF, 287 KB, 3 pages
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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.
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