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Home > Markets and Payments

Markets and Payments

The Bank of England's Markets area manages our 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 our eyes and ears in markets, gathering intelligence on financial market developments to support all of the policy committees.

Our Payments area runs the UK's interbank payment system, the RTGS (real-time gross settlement) system, which is used to settle payments between banks.

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...

RTGS Strategy Review

The RTGS Strategy Review has been established to agree a blueprint for the next generation of the Bank of England’s Real-Time Gross Settlement (RTGS) system.  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…