Government Securities
Commons · Question 41402 · Tabled 26 Mar 2025 · Treasury · Official record
Answered 2 Apr 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, what recent progress her Department has made on the development of digital gilts; and what assessment she has made on their potential impact on the UK financial system.
Answer
Answered by Emma Reynolds, 2 Apr 2025
On 18 March 2025, the Chancellor of the Exchequer launched the procurement process for the pilot Digital Gilt Instrument (DIGIT) issuance. Following the announcement, HMT and UK Debt Management Office published the first step in the process, which seeks v...