Public Sector Debt
(asked on 18th August 2021) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what was the average duration of UK national debt in (1) 2017, (2) 2018, (3) 2019, (4) 2020, and (5) 2021.
This question was answered on 1st September 2021
Most of the Government’s debt is in the form of publicly traded bonds (‘gilts’). The average maturity of the stock of total gilts was 15.8 years at both end-December 2017 and end-December 2018, 15.9 years at end-December 2019, and 15.3 years at end-December 2020. By end-July 2021, the average maturity of the stock of total gilts had fallen to 15.2 years.