Results and usage data
In this section
On this page
- Covid Corporate Financing Facility
- Participation in the Sterling Monetary Framework
- Operational Standing Facilities
- Indexed Long-Term Repo results
- Discount Window Facility
- Contingent Term Repo Facility
- Liquidity Facility in Euros (LiFE)
- US dollar repo operations
- Asset Purchase Facility - Gilt Purchase Operations
- Asset Purchase Facility - Corporate Bond Purchase Scheme
- Term Funding Scheme with additional incentives for SMEs (TFSME)
- Term Funding Scheme
- Funding for Lending Scheme
Covid Corporate Financing Facility
On 19 May 2020, the Bank and HMT updated a number of the terms and conditions of the CCFF. As part of these changes, certain additional information on users and usage of the scheme is now published as described below.
The Bank will publish each Thursday at 15:00 information on the use of this Facility as follows:
(i) the total amount
of CP purchased that week (reported on a settlement date basis) up until
the previous day, in terms of the amount paid to the sellers;
(ii) the sum of CP purchased less any redemptions and sales (reported on
a settlement date basis), since the CCFF began in March 2020;
(iii) the nominal sum of drawing capacity of all CCFF approved businesses* on the date shown;
(iv) the number of businesses approved for CCFF issuance on the date shown;
(v) the number of businesses approved for CCFF issuance that have outstanding CP held by the CCFF;
(vi) the number of businesses approved for CCFF issuance that do not have outstanding CP held by the CCFF; and
(vii) in addition to the businesses approved for CCFF issuance, the
number of businesses that have applied to the CCFF and have been
approved as eligible in principle but have yet to be fully approved for
CCFF issuance, since the CCFF began in March 2020.
| All data as at close 03 June 2020 | |
|---|---|
| Total amount of CP purchased since 28 May |
£379mn |
| Sum of settled CP purchases, less redemptions** |
£16,186mn |
| Nominal sum of CCFF drawing capacity of businesses approved for CCFF issuance | £67,700mn |
| Businesses approved for CCFF issuance | 152 businesses |
|
Of which: Businesses with outstanding CP held by the CCFF: |
53 businesses |
|
Of which: Businesses with no outstanding CP held by the CCFF: |
99 businesses |
| Businesses (additional to the fourth row above) that have applied to the CCFF and that have been approved as eligible in principle but have yet to be fully approved for CCFF issuance | 99 businesses |
The following additional firm-level data will also be published each Thursday at 15:00:
(i) the names of those businesses who have outstanding CP issued into the CCFF (reported on a settlement date basis); and
(ii) the amount of CP each business has outstanding under the CCFF (reported on a settlement date basis)
* Throughout, 'businesses' is taken to include all entities eligible for the CCFF, see CCFF information page for further details on eligibility.
** The ‘Sum of settled CP purchases, less redemptions’ in line (ii) of the above aggregate table is the total proceeds from outstanding CP purchases. Values held by each business are nominal values.
Participation in the Sterling Monetary Framework
The number of firms participating in the Sterling Monetary Framework (as at 26 March 2020) are:
| Sterling Monetary Framework | 214 |
|---|---|
| Reserves accounts and Operational Standing Facilities | 203 |
| Open market operations | 103 |
| Discount Window Facility |
157 |
Operational Standing Facilities
We do not publish data on individual Operational Standing Facilities transactions. We publish aggregate data on OSFs drawings on the third Wednesday of the following maintenance period on the Bank of England Database.
Discount Window Facility
We do not publish data on individual transactions within the Discount Window Facility. We update aggregate data on DWF drawings on the first Tuesday following the final working day of the calendar quarter, five quarters ahead.
Contingent Term Repo Facility
Liquidity Facility in Euros (LiFE)
US dollar repo operations
Asset Purchase Facility - Gilt Purchase Operations
Current gilt purchases
£569,990 million
Data as at close 03 June 2020
We have data available on the nominal value of each of the gilts purchased. These are reported on a trade date basis, and updated following any gilt purchase operation:
Current corporate bond purchases
£14,537 million
Data as at close 03 June 2020
- Previous Corporate Bond Purchase Scheme sector share and holdings results (PDF)
- To make sure purchases are representative of issuance, we allocated each bond that was eligible for purchase to one of nine sectors, using a common sector classification. We then made purchases so that our holdings are representative of each sector’s share within the list of eligible bonds.
| Sector | CBPS Holdings (as at close of business 3 June 2020) |
CBPS Target Sector Share (3 June 2020) |
|---|---|---|
| (% portfolio) | (% of eligible list) | |
| Communications | 12% | 11% |
| Consumer, Cyclical | 12% | 12% |
| Consumer, Non-cyclical | 17% | 16% |
| Electricity | 19% | 18% |
| Energy | 3% | 3% |
| Gas | 7% | 6% |
| Industrial & Transport | 12% | 12% |
| Property & Finance | 6% | 9% |
| Water | 13% | 12% |
| Total | 101% | 100% |
Term Funding Scheme with additional incentives for SMEs (TFSME)
Current loans made through the Term Funding Scheme with additional incentives for SMEs
£11,980 million
Data as at close 03 June 2020
The Bank will publish on this page quarterly data showing, for each group participating in the TFSME, the amount borrowed from the Scheme and the net quarterly flows of lending to UK households and firms. The first publication on 4 June 2020 will show lending data only. This will include participants’ base stock of lending as of end-December 2019, and Q1 net quarterly flows of lending for participants who have had this data certified by end-May.
Quarterly provisional publication dates for 2020 are set out in the table below.
|
Publication date |
Period covered (up to) |
|---|---|
|
4 June 2020 |
Q1 2020 (lending data only) |
|
3 September 2020 |
Q2 2020 |
|
3 December 2020 |
Q3 2020 |
|
4 March 2021 |
Q4 2020 |
|
4 June 2021 |
Q1 2021 |
Term Funding Scheme
Current loans made through the Term Funding Scheme
£106,571 million
Data as at close 03 June 2020
We publish quarterly data with a one month lag, showing for each group participating in the TFS, the amount borrowed from the scheme. This also includes net quarterly flows of lending to UK households and firms, covering the scheme’s drawdown period, which ended in February 2018. The publication dates are now aligned with the publication dates for the TFSME, which are set out in the section above.
In line with the TFS Operating Procedures, Participants were required to audit their lending data following the closure of the drawdown window. These audits have led to some data revisions. Lending data and Borrowing Allowance figures are now considered to be final. No firms were asked to repay their drawings as a result of the data revisions.
Note that data may not sum to the total due to rounding. Data may be subject to revisions.
Funding for Lending Scheme
We publish quarterly data showing, for each group participating in the extension to the FLS, the amount borrowed from us and the net quarterly flows of lending, broken down by sector.
Note that data may not sum to the total due to rounding. Data may be subject to revisions. With the exception of any new groups that join the scheme, participants do not report data on lending beyond end-2015. Hence the lending data (and associated borrowing allowance data) will only change as a result of revisions to previous data, or to reflect new participants that have joined the scheme.
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