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Home > Markets


The Bank’s Markets area manages the Bank's balance sheet, implements the policy decisions of the Monetary Policy Committee, provides liquidity insurance to the financial system, and manages the UK Government’s foreign currency and gold reserves. It also acts as the Bank’s eyes and ears in markets, gathering intelligence on financial market developments to support all of the Bank’s policy committees.

Asset Purchase Facility

Bank Asset Purchase Facility

We use our Asset Purchase Facility (APF) to buy assets financed by Treasury Bills to improve liquidity in credit markets. We also use the APF for monetary policy purposes, financing asset purchases by the creation of central bank reserves. More...

Fair and Effective Markets Review

The Fair and Effective Markets Review (FEMR) was established by the Chancellor and the Governor in June 2014, to help restore trust in the wholesale Fixed Income, Currency and Commodity (FICC) markets in the wake of a number of high profile abuses. It has published its Final Report, setting out 21 recommendations. More…

Open Forum

Open Forum 2015 logo
The Bank of England hosted the Open Forum on 11 November 2015 to take stock of reforms and discuss the future of markets. It brought together policymakers, financial market participants and users, academics, media representatives and wider society - all parties who have a stake in well-functioning financial markets. More…