asked Her Majesty's Government:
How much the Bank of England has lent to banks, excluding Northern Rock, in the past five years; and what charges were levied for such loans. [HL5053]
The Bank of England undertakes financial transactions with firms on a daily basis. Details of the Bank’s balance sheet can be found in the Bank’s annual reports and in the “Bank Return”. The interest rates that the Bank charges for loans depend on the type of lending. Transactions with individual firms, and the interest rates on such transactions, are a matter of commercial confidentiality.