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The number of firms participating in the Sterling Monetary Framework (as at 18 March 2021) are:
Sterling Monetary Framework
218
Reserves accounts and Operational Standing Facilities
209
Open market operations
109
Discount Window Facility
163
Operational Standing Facilities
We do not publish data on individual Operational Standing Facilities transactions. We publish aggregate data on OSFs drawings on the third Wednesday of the following maintenance period on the Bank of England Database.
We do not publish data on individual transactions within the Discount Window Facility. We update aggregate data on DWF drawings on the first Tuesday following the final working day of the calendar quarter, five quarters ahead.
On 19 May 2020, the Bank and HMT updated a number of the terms and conditions of the CCFF. As part of these changes, certain additional information on users and usage of the scheme was published and we now continue to publish on this page weekly data showing the sum of commercial paper (CP) purchased less any redemptions and sales (reported on a settlement date basis), since the CCFF began in March 2020.
The following additional firm-level data will also be published each Thursday at 15:00:
(i) the names of those businesses who have outstanding CP issued into the CCFF (reported on a settlement date basis); and
(ii) the nominal amount of CP each business has outstanding under the CCFF (reported on a settlement date basis)
Asset Purchase Facility - Gilt Purchase Operations
Current gilt purchases
£783,023 million
Data as at close 14 April 2021
We have data available on the nominal value of each of the gilts purchased. These are reported on a trade date basis, and updated following any gilt purchase operation:
To make sure purchases are representative of issuance, we allocated each bond that was eligible for purchase to one of nine sectors, using a common sector classification. We then made purchases so that our holdings are representative of each sector’s share within the list of eligible bonds.
Sector
CBPS Holdings (as at close of business
1 October 2020)
CBPS Target Sector Share
(2 September 2020)
(% portfolio)
(% of eligible list)
Communications
13%
12%
Consumer, Cyclical
13%
13%
Consumer, Non-cyclical
17%
16%
Electricity
19%
18%
Energy
3%
3%
Gas
6%
6%
Industrial & Transport
11%
11%
Property & Finance
6%
9%
Water
12%
12%
Total
100%
100%
Term Funding Scheme with additional incentives for SMEs (TFSME)
Current loans made through the Term Funding Scheme with additional incentives for SMEs
£76,414 million
Data as at close 14 April 2021
The Bank will publish on this page quarterly data showing, for each group participating in the TFSME, the amount borrowed from the Scheme and the net quarterly flows of lending to UK households and firms. The first publication on 4 June 2020 will show lending data only. This will include participants’ base stock of lending as of end-December 2019, and Q1 net quarterly flows of lending for participants who have had this data certified by end-May.
Quarterly provisional publication dates for 2021 are set out in the table below.
Publication date
Period covered (up to)
11 March 2021
Q4 2020
10 June 2021
Q1 2021
9 September 2021
Q2 2021
9 December 2021
Q3 2021
TFSME Group
Quarterly net TFSME drawings (drawings less repayments) (£mn)
Aggregate outstanding TFSME drawings as at 31/12/2020 (£mn)
Q4 2020
TOTAL
23,096
68,243
AIB Group (UK)
-
-
Aldermore
-
600
Allica Bank
-
-
Arbuthnot Latham
-
-
Atom Bank
176
336
Bank of Ireland
750
1,300
Barclays (NRFB)
-
3,580
Barclays (RFB)
-
3,000
BNP Paribas
-
-
Buckinghamshire Building Society
-
-
Cambridge & Counties Bank
-
-
Cambridge Building Society
60
60
Chorley & District Building Society
-
5
Close Brothers
262
490
Co-operative
750
1,750
Coventry Building Society
-
2,300
Cumberland Building Society
-
-
Cynergy Bank
150
250
Darlington Building Society
15
15
Dudley Building Society
-
-
Furness Building Society
45
45
Habib Bank Zurich
5
5
Hinckley & Rugby Building Society
-
-
HSBC (RFB)
-
-
Investec Bank
-
-
Ipswich Building Society
-
-
Julian Hodge Bank
-
15
Leeds Building Society
410
810
Leek United Building Society
-
-
Lloyds Banking Group (RFB)
-
13,677
Mansfield Building Society
16
26
Market Harborough Building Society
12
12
Marsden Building Society
25
25
Melton Mowbray Building Society
-
17
Metro Bank
550
550
Monmouthshire Building Society
40
40
National Counties Building Society
-
70
Nationwide Building Society
6,230
12,450
Natwest (RFB)
-
5,000
Newbury Building Society
-
-
Newcastle Building Society
60
160
Nottingham Building Society
50
90
OakNorth Bank
-
-
OneSavings Bank
50
1,000
Paragon Bank
335
1,245
PCF Bank
19
57
Principality Building Society
-
350
Progressive Building Society
-
-
Redwood Bank
19
19
Saffron Building Society
36
96
Sainsbury's Bank
-
-
Santander (NRFB)
-
510
Santander (RFB)
9,500
11,700
Scottish Building Society
10
40
Secure Trust Bank
-
-
Shawbrook Bank
757
757
Skipton Building Society
250
850
Starling Bank
550
850
Teachers Building Society
9
15
Tesco Bank
100
100
Tipton & Coseley Building Society
8
15
TSB Bank
-
-
United Trust Bank
-
50
Virgin Money
1,750
3,050
Wesleyan Bank
13
13
West Bromwich Building Society
85
400
Yorkshire Building Society
-
450
Zopa Bank
-
-
Notes:
1. "RFB" denotes ring-fenced banking group
2. "NRFB" denotes non ring-fenced banking group
Current loans made through the Term Funding Scheme
£28,787 million
Data as at close 14 April 2021
We publish quarterly data with a one month lag, showing for each group participating in the TFS, the amount borrowed from the scheme. This also includes net quarterly flows of lending to UK households and firms, covering the scheme’s drawdown period, which ended in February 2018.
The publication dates are now aligned with the publication dates for the TFSME, which are set out in the section above.
TFS Group
Certified lending to UK households, PNFCs and NBCPs (£mn)
Aggregate outstanding TFS drawings as at 31/12/2020 (£mn)
Base Stock of loans as at 30/06/16
Cumulative net lending from 30/06/2016-31/12/2017
TOTAL
1,517,920
67,965
50,110
AIB Group (UK)
6,338
21
250
Aldermore
6,764
1,721
1,275
Arbuthnot Latham
577
269
225
Atom Bank
-
1,018
192
Bank of Ireland
25,555
-1,035
428
Barclays
210,867
2,576
1,400
Buckinghamshire Building Society
168
19
18
Cambridge Building Society
919
139
75
Charter Court Financial Services
2,799
2,795
1,068
Close Brothers
4,916
392
-
Clydesdale
29,494
2,564
2,608
Co-operative
19,372
-672
-
Coventry Building Society
31,406
4,431
2,250
Cumberland Building Society
1,775
203
150
Dudley Building Society
256
32
34
FirstRand Bank
2,491
714
244
Furness Building Society
684
79
45
Hampshire Trust Bank
289
311
135
Hanley Economic Building Society
298
13
15
Hinckley & Rugby Building Society
500
121
70
Holmesdale Building Society
131
9
-
ICICI Bank
214
103
87
Investec Bank
3,640
454
635
Ipswich Building Society
399
79
30
Julian Hodge Bank
622
150
70
Leeds Building Society
12,132
2,756
675
Leek United Building Society
701
97
132
Lloyds Banking Group
398,534
-6,101
-
Loughborough Building Society
228
-4
11
Mansfield Building Society
257
33
20
Market Harborough Building Society
296
-29
10
Marsden Building Society
297
-0
15
Melton Mowbray Building Society
330
29
24
Metro Bank
4,576
3,982
3,258
Monmouthshire Building Society
799
19
59
National Counties Building Society
1,088
189
150
Nationwide Building Society
181,238
8,339
15,000
NatWest Group
214,889
15,225
-
Newbury Building Society
762
86
96
Newcastle Building Society
2,485
189
261
Northern Bank
4,768
154
350
Nottingham Building Society
2,909
443
363
OakNorth Bank
78
438
182
OneSavings Bank
4,923
1,920
1,500
Paragon Bank
10,598
415
609
PCF Bank
35
65
8
Principality Building Society
6,902
969
425
Progressive Building Society
1,429
42
50
Saffron Building Society
814
-35
-
Sainsbury's Bank
3,555
1,372
950
Santander
188,725
1,363
6,250
Secure Trust Bank
1,103
479
263
Shawbrook Bank
3,458
847
-
Skipton Building Society
13,739
2,012
1,250
Tandem Bank
188
44
50
Teachers Building Society
212
20
15
Tesco Bank
9,070
2,680
500
Tipton & Coseley Building Society
294
-6
10
TSB Bank
27,876
5,109
3,065
Virgin Money
29,598
6,865
-
West Bromwich Building Society
4,779
222
357
Yorkshire Building Society
33,778
1,232
2,900
In line with the TFS Operating Procedures, Participants were required to audit their lending data following the closure of the drawdown window. These audits have led to some data revisions. Lending data and Borrowing Allowance figures are now considered to be final. No firms were asked to repay their drawings as a result of the data revisions.
Note that data may not sum to the total due to rounding. Data may be subject to revisions.
Funding for Lending Scheme
We publish quarterly data showing, for each group participating in the extension to the FLS, the amount borrowed from us and the net quarterly flows of lending, broken down by sector.
FLS Group
Aggregate outstanding FLS drawings as at 31/12/20 (£mn)
Note that data may not sum to the total due to rounding. Data may be subject to revisions. With the exception of any new groups that join the scheme, participants do not report data on lending beyond end-2015. Hence the lending data (and associated borrowing allowance data) will only change as a result of revisions to previous data, or to reflect new participants that have joined the scheme.