BANK OF ENGLAND
FIDUCIARY ISSUE INCREASED DISCOUNT RATE UNCHANGED (United Press Assn.—Elec. Tel. Copyright) (Received June 14, 3.15 p.m.) LONDON, June 13 The following are the latest Bank of England returns:— Issue Department.—Notes in circulation £578,300,000, notes in the banking department £51,900,000, other Government securities £615,200,000, other securities £3,300,000, silver coin £500,000.
Banking Department.—Rest £3,300,000, public deposits £34,900,000, bankers’ deposits £103,200,000, other accounts £48,400,000, Government securities £124,000,000 discounts and advances £3,900,000, other securities £23,000,000, notes and coin £53,400,000. Ratio of reserves to liabilities, 28.63.
The Bank of England discount rate remains unchanged at 2 per cent. The fiduciary issue has been increased to £630,000,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19400614.2.64.3
Bibliographic details
Waikato Times, Volume 127, Issue 21139, 14 June 1940, Page 6
Word Count
104BANK OF ENGLAND Waikato Times, Volume 127, Issue 21139, 14 June 1940, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in