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Debt and reserves management report 2015-16

The ‘Debt and reserves management report’(DRMR) is published in accordance with the Charter for Budget Responsibility. The Charter requires the Treasury to “report through its Debt Management Report – published as part of the Budget Report – on its plans for borrowing for each financial year” and to set remits for its agents. The Charter requires the report to include: (A)the overall size of the debt financing programme for each financial year; (B)the planned maturity structure of gilt issuance and the proportion of index-linked and conventional gilt issuance and (C)a forecast of net financing through National Savings and Investments (NS&I). The Debt Management Office (DMO) publishes detailed information on developments in debt management and the gilt market over the previous year in its ‘Annual Review’.