Bank o Ingland

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Bank o Ingland
HeidquartersThreadneedle Street
Lunnon, EC2
Coordinates51°30′51″N 0°05′18″W / 51.51406°N 0.08839°W / 51.51406; -0.08839Coordinates: 51°30′51″N 0°05′18″W / 51.51406°N 0.08839°W / 51.51406; -0.08839
Established27 Julie 1694; 329 years ago (1694-07-27)
GovrenorMark Carney
Central bank ofUnitit Kinrick
SillerPoond sterling
GBP (ISO 4217)
Reserves£408 billion[1]
Reserve requirementsNane
Bank rate0.25%[2]
Interest rate target0.5%
Interest on reserves0.25%
Interest paid on excess reserves?Yes, syne Quantitative easin began in 2009

The Bank o Ingland (Inglis: Bank of England), umwhile the Govrenor an Company o the Bank o Ingland (Inglis: Governor and Company of the Bank of England), is the central bank o the Unitit Kinrick an the model on whilk maist modren central banks haes been based.

It is whiles kend as "The Auld Lady o Threadneedle Street" or "The Auld Lady".

References[eedit | eedit soorce]

  1. Bank of England (10 Juin 2015). "Bank of England Annual Report 2015" (PDF). Bank of England | Publications. Retrieved 10 Mairch 2016.
  2. Bank of England (4 August 2016). "Bank of England cuts Bank Rate to 0.25% and introduces a package of measures designed to provide additional monetary stimulus". Retrieved 4 August 2016.