The Bank of England committee voted to continue with its asset purchase program financed by the issuance of central bank reserves and to increase its size by £50 billion ($79.25) to a total of £125 billion.

The bank had acquired just over £52 billion of assets through its Asset Purchase Facility (APF). The committee said that there were some arguments for not extending the £75 billion asset purchase program this month based around uncertainty about the impact of asset purchases on this scale to stimulate nominal spending.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.