Public Sector Debt

(asked on 25th June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, with reference to the national debt, from which individuals or organisations has the money been borrowed; and to whom or to which organisations is the debt owed.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 1st July 2015

The majority of government borrowing is financed through the issuance of UK government bonds known as ‘gilts’ by the Debt Management Office (DMO) and as such, the majority of the government’s debt is held in gilts.

The Treasury does not hold detailed information on the holders of gilts. Information on sectoral holdings of gilts is published on a quarterly basis by the Office for National Statistics (ONS).

Reticulating Splines