United Kingdom · Report · Written statement
UIN HCWS211
Cash Ratio Deposit Scheme Review
Introduced
20 July 2021
Last action
20 July 2021 · Written statement
Status
Commons
Sponsors
—
Subjects
Discovery layer
Source updated
20 July 2021
Summary
Cash Ratio Deposits (CRDs) are non-interest bearing assets deposited with the Bank of England (“the Bank”) by banks and building societies. They are invested in gilts by the Bank and the income is used to finance its policy functions, in particular its ef...
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Timeline
20 July 2021
Written statement
Cash Ratio Deposits (CRDs) are non-interest bearing assets deposited with the Bank of England (“the Bank”) by banks and building societies. They are invested in gilts by the Bank and the income is used to finance its policy functions, in particular its ef...
Source: Commons
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-statements/detail/2021-07-20/HCWS211
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenstatements/statements/1348510
- uk · ws-1348510 · source updated 20 July 2021