[MoF] Bank of England - Financial Report 4th April to 5th May

Day 3,454, 12:56 Published in United Kingdom United Kingdom by Bank of England


The Books
Treasury: £149,993.35 ---> £676,977.11 (as of 12:00 Day 3,454)
Government Organisations: £1,561,014.38
Tax Income (including donations): £789,686.00
Bank of England Trust MM Scheme Income: £506,349.15 ---> £506,349.15*
Bank of England Government MM Scheme Income £114,668.81 ---> £114,668.81*
*Monetary Market Trading suspended
MPP Fees: £130,000.00 (Spain, Belarus, Serbia, Cananda, Macedonia, Bulgaria, Indonesia, Iran, Israel, Slovenia, Lithuania, Germany and France)
UK National Guard / MoD Spen😛 £140,000.00 Donate law from Country Accounts / £128,000.00 reported expenditure



Introduction

An end of term report from the Ministry of Finance.


Market Log

Q5 Food Trends
Complete MoF Record

Last 90 days


Q7 Weapons Trends
Complete MoF Record

Last 90 days


Q1 House Trends
Complete MoF Record

Last 90 days


Q1 Aircraft Trends
Complete MoF Record

Last 90 days


Gold Trends
Complete MoF Record

Last 90 days



Revenue

Average Wage



Player Support Programme and Training Ground Loans

Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.

During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise is quality.






Monetary Market fishing Guide - Republish

Monetary Market (MM) fishing is not new and there are many fine guides however here is a brief MoF guide as a refresher and to introduce the concept to younger citizens who may not be aware of it.

At the current market rate, it is most optimal for a citizen to invest £3,333.00 into an MM fishing. There are two reasons for this;
1) The current and fairly long-standing exchange rate for 1GBP has been 0.003 Gold.
2) The daily gold limit for most citizens is 10 gold.
Therefore the maximum currency you may sell at the current exchange rate is £3,333.00 for 9.999 gold.


It will take around 10 days for your currency offer to sell on the monetary market. This will give you 9.99 gold. It is worth noting that the amount of currency you sell can vary greatly, sometimes all the currency you put on the MM will be bought and sometimes you don't sell any. Offers do expire on the MM however any currency that does not sell is returned to you

Place this 9.99 gold onto the monetary market at the current exchange rate (at publication's this was 1 gold for £440.000). This will result in the 9.99 gold selling for £4,395.60. Once you subtract your initial investment of £3,333.00 you will have generated a profit on your investment of £1,062.60



Bank of England Monetary Market Trust

The Ministry of Finance will be once more taking advantage of the increased demand on gold price on the monetary market by operating a Bank of England Trust for citizens and allies to invest in.

Citizens who invest into the Trust will have monetary market offers placed from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits will be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.

From Day 2,908 to Day 3,393 the Bank of England Monetary Market Trust made profits of;

£488,639.59 for the UK
£663,302.74 for private citizens

This equates as a daily income for the United Kingdom of = £1,069.23

The Bank of England Government only investment MM Scheme equated as a daily income for the United Kingdom of = £463.95. This was in operation between Day 3,135 and Day 3,393

Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.



Close

For any further information don't hesitate to contact me.

Huey George - Minister of Finance and Governor of the Bank of England