Asset Purchase Facility (APF) ceiling, November 2026
What was announced
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 10 November 2026.
Key points, in the publisher's words
- The letters exchanged between the Chancellor and the Governor agreed to reduce the maximum authorised size of the APF. The decision was in line with an approach agreed in February 2022 where the Chancellor and Governor decided to periodically reduce the maximum authorised size of the APF as the size of the APF falls.
Who and where
UK bodies of power
- HM Treasury (UK government department) · more news
- Bank of England (UK national body) · more news
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Government efficiency, transparency and accountability.
Receipt
- Original: https://www.gov.uk/government/publications/asset-purchase-facility-apf-ceiling-november-2026
- Published 2026-11-10 12:00:00 UTC
- Read by this site 2026-11-10 12:00:43 UTC from GOV.UK
- Saved copy: receipt 11723, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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