Bank of England – Asset Purchase Facility Annual Report (2009/10)
The Bank of England suffered a loss on assets bought through its quantitative easing programme, the central bank's Annual Report 2009/10 for its asset purchase facility, published on Tuesday, showed.
The company was established as a wholly-owned group subsidiary of the Bank of England on 30 January 2009 to make asset purchases worth £200 billion ($311 billion).
Debt securities showed a mark-to-market loss of £5.5 billion, all in gilts, from 30 January 2009 to 28 February 2010. However, the Bank
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