Strategic Defence Review
Commons · Question 128975 · Tabled 21 Apr 2026 · Treasury · Official record
Answered 27 Apr 2026
Question
Asked by James MacCleary
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of using defence bonds as a way to finance capital-intensive commitments in the Strategic Defence Review.
Answer
Answered by James Murray, 27 Apr 2026
The majority of government borrowing is financed through the issuance of UK government bonds (known as gilts) by the UK Debt Management Office (DMO). In addition, some of the government’s financing is raised in the retail savings market through products o...