As of December 2023, UK government debt more likely to be either short or long-term conventional gilts. Respectively, these types of bonds accounted for 28 and 24 percent of the total outstanding debt, while medium-term conventional gilts only accounted for 13 percent of the overall debt. Short-term gilts are government bonds with a maturity of seven years or less, medium a maturity of seven to 15 years, and long have a maturity of 15 to 50 years.
Composition of government debt in the United Kingdom (UK) as of December 2023, by security type
* National Savings and Investment products: a range of savings and investment products backed by HM Treasury which are offered to retail investors. Maturities vary by product.
** The Ways and Means facility effectively operates as the U.K. government's overdraft facility. It accounts for less than 0.5 percent of government debt (around 400 million British pounds as of December 2019).
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Debt Management Office. (March 15, 2024). Composition of government debt in the United Kingdom (UK) as of December 2023, by security type [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/
Debt Management Office. "Composition of government debt in the United Kingdom (UK) as of December 2023, by security type." Chart. March 15, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/
Debt Management Office. (2024). Composition of government debt in the United Kingdom (UK) as of December 2023, by security type. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/
Debt Management Office. "Composition of Government Debt in The United Kingdom (Uk) as of December 2023, by Security Type." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/
Debt Management Office, Composition of government debt in the United Kingdom (UK) as of December 2023, by security type Statista, https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/ (last visited December 21, 2024)
Composition of government debt in the United Kingdom (UK) as of December 2023, by security type [Graph], Debt Management Office, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1214074/composition-united-kingdom-government-debt/
