Written Question·Treasury·UIN 16262

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, what steps her Department is taking to manage potential risks associated with distributed ledger technology during the pilot digital gilt instrument issuance.

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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