Written Statement·Commons·Treasury·HCWS330
Contingencies Fund Advance
19 October 2022
Andrew Griffith
The Financial Secretary to the Treasury
Conservative
Statement
The Bank of England’s Monetary Policy Committee implement their Quantitative Easing (QE) programme through a subsidiary entity known as the Asset Purchase Facility (APF). HM Treasury agreed to indemnify the APF against losses when it was set up in 2009[1]...