Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
United Kingdom 07 07 - Central bank financing government GBP 454,370,000,000 562,556,529,659
United Kingdom 07A 07A - Direct lending and reserve drawdown GBP 4,370,000,000 5,410,506,932 Bank of England. https://bit.ly/314hQcj (accessed 13 April 2020).

(i) 9 April 2020, HM Treasury and the BoE announced temporary extension to Ways and Means (W&M) facility. As of 13 May 2020, drawings under the W&M facility remain at GBP370 million; (ii) April 2020, There was a GBP4.0 billion dividend transfer from the Bank of England Asset Purchase Facility Fund (BEAPFF) to HM Treasury.

United Kingdom 07B 07B - Secondary purchase: government securities GBP 450,000,000,000 557,146,022,727 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April 2020); Bank of England. https://bit.ly/3emqNkY (accessed 12 June 2020); Bank of England. https://www.bankofengland.co.uk/markets/market-notices/2020/asset-purchase-facility-gilt-purchases-june-2020 (accessed 22 June 2020); Bank of England. https://www.bankofengland.co.uk/markets/bank-of-england-market-operations-guide/results-and-usage-data (9 January 2021); Bank of England. https://www.bankofengland.co.uk/letter/2020/apf-letters-november-2020 (accessed 6 November 2020); Bank of England. https://www.bankofengland.co.uk/-/media/boe/files/letter/2020/governor-apf-letter-november-2020.pdf?la=en&hash=10989652DADE602FC4C438AA99F71FD770A6D2C4 (accessed 6 November 2020).

(i) 19 March 2020, Increase Bank of England's holdings of UKG government and corporate bonds by GBP200 billion to a total of GBP645 billion, financed by central bank reserves; (ii) 18 June 2020, The Bank of England announced an increase in the stock of purchases of UK government bonds, financed by central bank reserves, by an additional GBP100 billion, to take the total stock of asset purchases to GBP745 billion; (iii) 5 November 2020, Bank of England will expand its target stock of UK government bond purchases by an additional GBP150 billion, to reach GBP895 billion. As of 6 January 2021, current gilt purchases stood at GBP727.897 billion [update].