During 2011 Q4:
- As at 29 December 2011 cumulative assets purchased net of sales totalled £250 billion.
- Nominal gilt yields fell further during 2011 Q4, with rates on average around 45 basis points lower than at the end of 2011 Q3, with a larger decrease for longer 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 31 December 2011 was £1.6 billion, somewhat lower than the £2.6 billion lent on average during the previous quarter.