Asset Purchase Facility Quarterly Report - 2010 Q2

In the interests of openness and transparency, we publish a quarterly report on the transactions carried out as part of the Asset Purchase Facility. The reports are published shortly after the end of each quarter.
Published on 26 July 2010

During 2010 Q2:

  • As at 24 June 2010, assets outstanding totalled £200 billion.
  • The curve of nominal gilt yields fell and flattened somewhat during 2010 Q2, with rates at short maturities around 50 basis points lower and those at long maturities up to 70 basis points lower than at the end of 2010 Q1. 
  • The average daily aggregate value of gilts lent by the Asset Purchase Facility to the DMO during the three months to 24 June 2010 was £2.3 billion, less than the £3.8 billion lent on average during the previous quarter. 
  • UK banks continued to issue long-term unguaranteed debt though their access to markets had been interrupted by developments during the quarter.

PDF Asset Purchase Facility Quarterly Report – 2010 Q2


Other Asset Purchase Facility publications