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United Kingdom · Report · Written statement

UIN HCWS361

Cash Ratio Deposits

publishedUnited Kingdom· UK Parliament· EN

Introduced

18 December 2017

Last action

18 December 2017 · Written statement

Status

Commons

Sponsors

—

Subjects

Discovery layer

Source updated

18 December 2017

Summary

Cash Ratio Deposits (CRDs) are non-interest bearing assets deposited with the Bank of England by banks and building societies. They are used by the Bank to finance its policy functions, in particular its efforts to secure price stability and the stability...

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Timeline

  1. 18 December 2017

    Written statement

    Cash Ratio Deposits (CRDs) are non-interest bearing assets deposited with the Bank of England by banks and building societies. They are used by the Bank to finance its policy functions, in particular its efforts to secure price stability and the stability...

    Source: Commons

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