Bank of England Asset Purchase Facility Fund

(asked on 23rd February 2022) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government whether they will publish the Asset Purchase Facility's deed of indemnity.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 9th March 2022

The Asset Purchase Facility (APF) deed indemnity will not be published.

HM Treasury indemnifies the APF which means that any losses or gains from the APF accrue to HM Treasury. This is public knowledge and the publication of the deed of indemnity will not advance the public’s understanding of that arrangement. Furthermore, the indemnity contains operationally sensitive information which should not be made public.

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