Defence: Government Securities
The question
To ask the Secretary of State for Defence, whether he has held discussions with the Chancellor of the Exchequer on the use of war bonds.
Answered by Luke Pollard
The Defence Secretary meets his Cabinet colleagues frequently.
The Government keeps the introduction of new debt instruments under constant review but would need to be satisfied that any new instrument would meet value-for-money criteria, enjoy strong and sustained demand in the long term, and be consistent with wider fiscal objectives.
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