Lord Laird – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Laird on 2016-01-13.

To ask Her Majesty’s Government what debt, if any, they have that dates from before 1 January 1901; and what are the arrangements for payment of that debt.

Lord O’Neill of Gatley

The government has redeemed all gilts issued before 1 January 1901. On 5 July 2015, the government redeemed all outstanding undated gilts, some of which pre-dated 1901. These were the 2½% Annuities, 2¾% Annuities and 2½% Consolidated Stock, first issued in 1853, 1884 and 1888 respectively.