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BANK OF ENGLAND

THE LATEST RETURNS DISCOUNT RATE UNCHANGED (United Press Assn.—Elec. Tel. Copyright) LONDON, Feb. 29 The latest Bank of England returns are:— Issue Department.—Notes in circulation £531,200,000, notes in the banking department £49,000,000, other Government securities £563,400,000, other securities £5,100,000, silver coin - £500,000. Banking Department.—Rest £3,600,000, public deposits £45,700,000, bankers’ deposits £99,400,000, other accounts £38,900,000, Government securities £127,100,000, discounts and advances £2,800,000, other securities £22,200,000, notes and coin £50,000,000. Ratio of reserve to liabilities, 27.17 per cent. The Bank of England discount rate remains unchanged at 2 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19400302.2.26

Bibliographic details

Waikato Times, Volume 126, Issue 21052, 2 March 1940, Page 5

Word Count
91

BANK OF ENGLAND Waikato Times, Volume 126, Issue 21052, 2 March 1940, Page 5

BANK OF ENGLAND Waikato Times, Volume 126, Issue 21052, 2 March 1940, Page 5