Question
To ask Her Majesty’s Government, further to the remarks by Lord Sassoon on 22 November (Official Report, col. 975), what percentage of each ten-year maturity gilt is owned by the Asset Purchase Fund used to implement quantitative easing.
Answer
The data for amounts of gilts outstanding are available from the Debt Management Office’s website, while the nominal amount of gilts held by the Asset Purchase Facility can be found on the Bank of England website. These show that the Asset Purchase Facility holds £10.9 billion nominal of the £31.4 billion nominal in issue of 4¾ per cent Treasury Stock 2020, and that it holds none of the 3¾ per cent of Treasury Gilt 2020.