Monetary Policy

Treasury written question – answered at on 24 November 2010.

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Photo of Steven Baker Steven Baker Conservative, Wycombe

To ask the Chancellor of the Exchequer how much debt interest has been paid on Government securities held by the Bank of England and its subsidiaries in the last 12 months.

Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury

In the 12 months to end September 2010, the Bank of England and its subsidiaries have received the following interest on holdings of UK Government debt securities:

£ million
Banking Department 187
Issue Department 282
Bank of England Asset Purchase Facility Fund Ltd 8,527
Total 8,996

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No3 people think not

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