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BANK OF ENGLAND.

(Rec. 11.30 a.m.) LON'DOX, Sept. 12. The Bank of England return for the week ended September 11 is given in the following table, together with the returns for a year ago: — ISSUE DEPARTMENT. (In millMyis ol pounds.)

Rate of Discount. The Bank of England rate of discount is 2 per cent,_ to which it was reduced on Octo K °r 26 from 3 per cent.

Sept. Year Notes Issued— 11. a«o. In circulation 638.6 553.5 In banking department . 21.6 26-6 Other Government securities . 616.0 567.0 . Other securities 2.7 1.5 Silver coin 0.3 0.5 Cold, coin and bullion 0.2 1.0 BANKING DEPARTMENT. Rest 3.5 3.7 Deposits— Public 13.2 12.0 Bankers' 107.7 — Other accounts 50.1 40.8 Government securities 139.5 123.7 Discounts, advances 4.1 3.9 Other securities 23.0 25.§ » Notes and coin 22 4 27 1 Proportion 13.72 1«>JJ

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https://paperspast.natlib.govt.nz/newspapers/AS19400913.2.37.7

Bibliographic details

Auckland Star, Volume LXXI, Issue 218, 13 September 1940, Page 4

Word Count
139

BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 218, 13 September 1940, Page 4

BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 218, 13 September 1940, Page 4

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