The Bank of England’s weekly balance sheet data for 11 September 2025 indicates broadly stable sterling liabilities, with reserve balances steady near £653,000 million. Notes in circulation edged higher. On the asset side, short-term repo operations rose modestly, while long-term indexed repos declined slightly. Sterling bond holdings and the Term Funding Scheme for SMEs remained largely unchanged. Foreign currency assets dipped further, though foreign currency liabilities held stable. The shifts point to marginal liquidity tightening alongside calibrated adjustments in the Bank’s open market operations.
Relevant question for policy stakeholders: Should advanced economies institutionalize weekly central bank balance sheet disclosures as a global standard to reinforce transparency and cross-border market confidence?
Follow the full news here:
https://www.bankofengland.co.uk/weekly-report/2025/10-september-2025
