The BoE kept its benchmark interest rate at 0.1 per cent.
Eight members of the nine-strong Monetary Policy Committee voted to increase the bond purchase programme while BoE Chief Economist Andy Haldane voted for no increase.
All nine members voted to keep Bank Rate unchanged.
A Reuters poll of economists had pointed to a £100 billion increase in the asset purchase programme and Bank Rate remaining at 0.1 per cent.
The BoE is using its bond-buying programme as its main policy tool as it tries to help steer Britain’s economy away from a record 25 per cent slump in March and April.
There was no mention of the negative interest rates — an option the central bank has said it will consider — in the minutes of the BoE’s policy meeting. — Reuters