Photo of Steven Baker

Steven Baker (Wycombe, Conservative)

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 (Financial Secretary, HM Treasury; Fareham, Conservative)

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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