BANK OF ENGLAND.
LONDON. April 10. The Bank of England return for the week ended April 9 is given in the following table, together with the returns for last week and a year ago:— ISSUE DEPARTMENT. (In Millions of Pounds.) XT . J April 9. April 2. Year ago. Notes issued— In circulation . . 618.7 614.6 539.4 In banking dept. 11.5 15.6 40 8 Other Govt, securities 676.0 616.0 655 3 Other securities ... 3.0 3.0 3.2 Silver coin • — — 0.5 Gold, coin and bullion — — -1 BANKING DEPARTMENT. R«st 3.1 3.6 3.1 Deposits— Public 18.7 22.0 22 9 Bankers 110.1 101.5 123.9 Other accounts . . 53.3 55.2 42 8 Govt, securities . . 128.0 124.5 137 J Discounts, advances . 39.9 36.8 5 5 Other securities .... 19.3 19.1 22'5 Notes and coin . . 11.5 16.6 41.S Proportion 6.80 9.25 22.07 Rate of Discount. The Bank of England rate of discount Is 2 per cent, to which it was reduced from 3 per cent in October, 1939.
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Bibliographic details
Auckland Star, Volume LXXII, Issue 86, 12 April 1941, Page 4
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157BANK OF ENGLAND. Auckland Star, Volume LXXII, Issue 86, 12 April 1941, Page 4
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