Questions & Answers
Q1
Direct Answer
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Context
The UK Government is considering the potential issuance of a sovereign green bond.
What plans does the government have to issue a green bond? Green bonds can raise capital investment and operational expenditure for the green transition, as evidenced by Quebec's recent issuance. Will the Government also consider enabling the Welsh Government to issue such a bond?
Debt handling is currently a significant challenge. The core gilt programme remains the most stable and cost-effective way to manage financing needs. We will continue to look constructively at all options, including green bonds, in light of the changing environment caused by this crisis.
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Assessment & feedback
Response accuracy