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Home > Markets and Payments > Asset Purchase Facility - Documentation

Asset Purchase Facility - Documentation

The Documentation for Asset Purchase Facility (APF) Gilt Purchases and for the APF Corporate Bond Purchase Scheme include the APF Terms and Conditions, Market Noticethe APF Operating Procedures and the Admission Letter.  (The APF Btender Terms and Conditions and Settlement Procedures, available under ‘previous versions’ below, have been incorporated into the APF Terms and Conditions and APF Operating Procedures.)
Documentation for the APF Term Funding Scheme is published separately and is available here.
The APF Terms and Conditions and APF Operating Procedures for the Gilt Purchases and Corporate Bond Purchase Schemes are available below:

APF Terms and Conditions 
17 February 2017

APF Operating Procedures 
17 February 2017

Previous versions of the APF Terms and Conditions can be found below.

 Terms and conditions dated 11 February 2009 
 Terms and conditions dated 6 February 2009 

Previous versions of the APF Btender Terms and Conditions can be found below.

APF Btender T&Cs 
5 March 2009

Previous versions of the APF Operating Procedures can be found below

Operating Procedures dated 3 October 2016

Previous versions of the APF Settlement Procedures can be found below.

Settlement procedures dated 4 August 2016 
Settlement procedures dated 7 October 2011   
Settlement procedures dated 29 March 2010 
Settlement procedures dated 15 June 2009 
Settlement procedures dated 5 March 2009 


Btender, the Bank's electronic tendering system is used to conduct all corporate bond auctions purchases. All counterparties must use Btender. Access to SWIFTnet is required.

PDF icon User guide for Btender
PDF icon Btender Quick Reference Guide