BEAPFF loan interest

Andy made this Freedom of Information request to Bank of England

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The request was successful.

Dear Bank of England,

In the Annual Report 2011/12 for the Bank of England Asset Purchase Facility Fund Ltd, note 18 'Related party transactions' states:

The Bank of England
As at 29 February 2012 the Company had borrowed £286.7 billion (2011: £199.9 billion). Interest on this loan amounted to £1,092.7 million (2011: £999.7 million).

I would be very grateful if could you provide the following information:

1. how is this interest paid to the Bank of England ?
2. where does this interest appear on the balance sheet ?
3. what is the current interest rate for this loan ?
4. can this interest rate change in the future ?

Yours faithfully,

Andy.

Enquiries, Bank of England

1 Attachment

Dear Andy

 

We acknowledge receipt of your email dated 19 February (our ref V 49108). 
We will reply in due course.

 

If you have any queries please contact the Bank’s Public Information and
Enquiries Group on 020 7601 4878.

 

Yours sincerely

 

Public Information & Enquiries Group

Bank of England |Threadneedle Street|London|EC2R 8AH|+44 20 7601 4878

[1][Bank of England request email]

[2]http://www.prospects.ac.uk/profsearch/se...

 

 

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Enquiries, Bank of England

2 Attachments

Dear Andy

 

Please find attached a response to your email dated 19 February.

 

Yours sincerely

 

Public Information & Enquiries Group

Bank of England |Threadneedle Street|London|EC2R 8AH|+44 20 7601 4878

[1][Bank of England request email]

[2]http://www.prospects.ac.uk/profsearch/se...

 

 

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