During 2011 Q2:
- As at 30 June 2011, cumulative assets purchased totalled £200 billion.
- Nominal gilt yields fell during 2011 Q2, with rates on average around 15 basis points lower than at the end of 2011 Q1, with a larger fall in short to medium maturities.
- A significant amount of the gilts purchased via the Facility continue to be made available for on-lending to the market through the gilt lending arrangement with the DMO.
- The average daily aggregate value of gilts lent by the Asset Purchase Facility to the Debt Management Office during the three months to 30 June was £2.4 billion, more than the £1.5 billion lent on average during the previous quarter.
Asset Purchase Facility Quarterly Report – 2011 Q2