Written Question·Treasury·UIN 16261

Government Securities: Pilot Schemes

Tabled: 26 November 2024
Answered: 3 December 2024

Question

Callum Anderson

Labour — Buckingham and Bletchley

To ask the Chancellor of the Exchequer, whether her Department is taking steps to involve private sector firms in developing distributed ledger technology for the digital gilt instrument pilot.

Answer

Tulip Siddiq
This pilot would allow us to make more informed decisions on Distributed Ledger Technology’s (DLT) potential future application to wider government debt issuance. Demonstrating feasibility on a government bond issuance will also support the private sector...
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