Asset Purchase Facility Quarterly Report - 2019 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 05 August 2019

Key points from the 2019 Q2 Asset Purchase Facility Quarterly Report

During 2019 Q2:

  • No corporate bond purchases took place during the quarter
  • There were £12.606 billion of gilt purchases made during the quarter as part of a programme to reinvest the cash flows associated with the maturity on 7 March of the 4.5% 2019 gilt owned by the APF
  • During 2019 Q2 nominal gilt yields fell on average, by around 10 basis points
  • Sterling investment-grade non-financial corporate bond spreads narrowed by 10 basis points over 2019 Q2
  • Gross issuance of corporate bonds by UK private non-financial corporations in 2019 Q2 was lower than in 2018 Q2.

PDFAsset Purchase Facility Quarterly Report - 2019 Q2