Debt and reserves management report 2012-13

This is the twentieth report outlining the Government's debt management activities and the second since the introduction of the new fiscal framework in 2010. The Debt and reserves management report 2012-13 is published in accordance with the Charter for Budget Responsibility. The Charter requires the Treasury to report through its Debt Management Report, as part of the Budget, plans for borrowing in each financial year, and set remits for its agents. The Charter requires the report to include the following: (i) the overall size of the debt financing programme for each financial year; (ii) the planned maturity structure of gilt issuance and the proportion of conventional and index-linked gilt issuance; (iii) a forecast of net financing from National Savings and Investments. The publication is divided into two chapters, with three annexes.