Public Sector Debt
(asked on 25th June 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether the gross value of sterling issued through the Government's quantitative easing initiation is included in calculations of the national debt.
This question was answered on 1st July 2015
The gross value of the Bank of England’s quantitative easing, the Asset Purchase Facility (APF), is included in the calculation of Public Sector Net Debt as a liability on the Bank’s balance sheet.
This inclusion of the APF is shown as part of Table 8D of the Public Sector Finances release jointly published by the independent Office for National Statistics and HM Treasury.