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Government Securities: USA

Asked by Mr Tanmanjeet Singh DhesiLabourTreasuryTabled Answered 22 January 2026UIN 106568

The question

To ask the Chancellor of the Exchequer, what information she holds on the value of US bonds held by the Bank of England.

Answered by Lucy Rigby

The UK’s foreign currency assets are held by:

a) HM Treasury in the Exchange Equalisation Account (EEA). HM Treasury appoints the Bank of England as its agent to manage the EEA on a day-to-day basis.

b) The Bank of England.

Data on the UK’s holdings of foreign currency assets, split by currency, is published quarterly (with a one month lag) by the Bank of England. The latest is available here: https://www.bankofengland.co.uk/statistics/uk-international-reserves/2025/december-2025

As of 30th September 2025, the EEA holds $60,083 million of US dollar-denominated assets. The Bank of England holds $15,183 million of US dollar-denominated assets.

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