Finance 1 min read

Correspondence: Asset Purchase Facility (APF) ceiling, May 2026

May 06, 2026

The Chancellor of the Exchequer and the Governor of the Bank of England jointly agreed to reduce the maximum authorised size of the APF. This was confirmed via a letter exchange on 5 May 2026.

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Source: GOV.UK HM TreasuryUK Open Government Licence v3.0