Bank of England Weekly Report 28 August 2024

The document provides a weekly financial report for the period ending 28 August 2024.

Key highlights include:

• Sterling liabilities and reserves balances increasing to £759.428mn from £760.022mn.
• Notes in circulation decreasing to £89.266mn from £89.085mn.

In terms of sterling assets, short-term open market operations show: - Short-term repo increasing to £38.058mn from £34.292mn. - Long-term operations featuring indexed long-term repo at £3.820mn (£3.775mn) and contingent term repo facility remaining inactive. * Term Funding Scheme with additional incentives for SMEs increasing to £129.099mn (£129.589mn). * Sterling denominated bond holdings decreasing to £15.656mn (£15.652mn). * Loan to Asset Purchase Facility maintaining a steady balance of £695.024mn.

The report also covers foreign currency liabilities and assets: - Foreign currency public securities issued increasing to £15.980mn (£15.424mn). - Foreign currency reserve assets showing an increase at £16.724mn (£16.152mn).