Central Bank Announcements Archives - The Industry Spread

Bank of England : Bank Rate maintained at 0.1% – March 2020

March 27, 2020

Our MPC voted unanimously to maintain Bank Rate at 0.1%. The committee also voted unanimously to continue with the programme of £200 billion of UK government bond and sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, to take the total stock of these purchases to £645 billion.