UK Debt Management Office

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DMO is an executive agency, sponsored by HM Treasury ."> <meta property="og:title" content="UK Debt Management Office"> <meta property="og:url" content="https://www.gov.uk/government/organisations/uk-debt-management-office"> <meta property="og:type" content="article"> <meta property="og:site_name" content="GOV.UK"> <meta name="twitter:card" content="summary"> <meta name="govuk:organisations" content="<EA82>"> <meta name="govuk:primary-publishing-organisation" content="UK Debt Management Office"> <meta name="govuk:public-updated-at" content="2021-04-15T09:59:26+01:00"> <meta name="govuk:updated-at" content="2024-10-10T19:20:14+01:00"> <meta name="govuk:first-published-at" content="2012-01-10T15:51:47+00:00"> <meta name="govuk:content-id" content="f72a155e-a9d9-46a4-b195-d6fa90a23de0"> <meta name="govuk:schema-name" content="organisation"> <meta name="govuk:rendering-app" content="collections"> <meta name="govuk:publishing-app" content="whitehall"> <meta name="govuk:format" content="organisation"> <meta name="robots" content="max-image-preview:none"> <meta name="description" content="The DMO carries out the government鈥檚 debt management policy of minimising financing costs over the long term, taking account of risk. We minimise the cost of offsetting the government鈥檚 net cash flows over time, while operating in a risk appetite approved by ministers. 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</div> </div> </div> </div> </nav> </div> </header> <div class=""> <div class="gem-c-layout-for-public__blue-bar govuk-width-container"></div> </div> <div class="wrapper govuk-width-container" id="wrapper"> <nav data-module="ga4-link-tracker" aria-label="Breadcrumb" class="gem-c-breadcrumbs govuk-breadcrumbs govuk-breadcrumbs--collapse-on-mobile"> <ol class="govuk-breadcrumbs__list"> <li class="govuk-breadcrumbs__list-item"> <a data-ga4-link='{"event_name":"navigation","type":"breadcrumb","index_link":"1","index_total":"2"}' class="govuk-breadcrumbs__link" href="/">Home</a> </li> <li class="govuk-breadcrumbs__list-item"> <a data-ga4-link='{"event_name":"navigation","type":"breadcrumb","index_link":"2","index_total":"2"}' class="govuk-breadcrumbs__link" href="/government/organisations">Organisations</a> </li> </ol> </nav> <main id="content" role="main" class="content" lang="en"> <h1 class="govuk-visually-hidden">UK Debt Management Office</h1> <div class="govuk-grid-row"> <div class="govuk-grid-column-one-third organisation__margin-bottom"> <div class="gem-c-organisation-logo brand--hm-treasury"> <div class="gem-c-organisation-logo__container gem-c-organisation-logo__crest gem-c-organisation-logo__crest--single-identity brand__border-color"> <span class="gem-c-organisation-logo__name">United Kingdom<br>Debt Management<br>Office</span> </div> </div> </div> </div> <section class="govuk-notification-banner gem-c-notice govuk-!-margin-bottom-8" aria-label="Notice" role="region"> <div class="govuk-notification-banner__content"> <span class="gem-c-notice__title govuk-notification-banner__heading">UK Debt Management Office has a <a href="http://www.dmo.gov.uk/">separate website</a></span> </div></section> <div class="govuk-grid-row organisation__margin-bottom"> <div class="govuk-grid-column-two-thirds"> <div data-module="govspeak" class="gem-c-govspeak govuk-govspeak govuk-!-margin-bottom-0"> <p></p> <div class="govspeak"> <p>The DMO carries out the government鈥檚 debt management policy of minimising financing costs over the long term, taking account of risk. We minimise the cost of offsetting the government鈥檚 net cash flows over time, while operating in a risk appetite approved by ministers.</p> <p><abbr title="UK Debt Management Office">DMO</abbr> is an executive agency, sponsored by <a class="govuk-link" href="/government/organisations/hm-treasury">HM Treasury</a>.</p> </div> </div> </div> </div> <section class=" organisation__brand-border-top organisation__margin-bottom"> <div class="visually-hidden"> <h2 class="gem-c-heading gem-c-heading--font-size-27 gem-c-heading--padding"> Documents </h2> </div> <div class="govuk-grid-row"> <div class="govuk-grid-column-one-half organisation__supergroup--margin-bottom" data-ga4-section-documents> <h3 class="gem-c-heading govuk-heading-m gem-c-heading--padding"> News and communications </h3> <ul data-module="ga4-link-tracker" data-ga4-track-links-only="" data-ga4-link='{"event_name":"navigation","type":"document list","section":"Documents"}' class="gem-c-document-list govuk-!-margin-bottom-5"> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/news/jessica-pulay-to-become-ceo-of-the-uk-debt-management-office">Jessica Pulay to become CEO of the UK Debt Management Office</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2024-04-16"> 16 April 2024 </time> </li> <li class="gem-c-document-list__attribute"> News story </li> </ul> </li> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/news/chief-executive-officer-of-the-dmo-to-retire-next-year">Chief Executive Officer of the DMO to retire next year</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2023-09-28"> 28 September 2023 </time> </li> <li class="gem-c-document-list__attribute"> News story </li> </ul> </li> </ul> <a href="/search/news-and-communications?organisations[]=uk-debt-management-office&parent=uk-debt-management-office" class="govuk-link brand__color" data-module="ga4-link-tracker" data-ga4-link='{"event_name":"navigation","type":"see all","section":"News and communications"}'> See all news and communications </a> </div> <div class="govuk-grid-column-one-half organisation__supergroup--margin-bottom" data-ga4-section-documents> <h3 class="gem-c-heading govuk-heading-m gem-c-heading--padding"> Policy papers and consultations </h3> <ul data-module="ga4-link-tracker" data-ga4-track-links-only="" data-ga4-link='{"event_name":"navigation","type":"document list","section":"Documents"}' class="gem-c-document-list govuk-!-margin-bottom-5"> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/publications/national-insurance-fund-investment-account-report-accounts-2023-to-2024">National Insurance Fund Investment Account Report & Accounts 2023 to 2024</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2024-11-06"> 6 November 2024 </time> </li> <li class="gem-c-document-list__attribute"> Policy paper </li> </ul> </li> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/publications/national-insurance-fund-investment-account-report-accounts-2022-to-2023">National Insurance Fund Investment Account Report & Accounts 2022 to 2023</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2023-07-12"> 12 July 2023 </time> </li> <li class="gem-c-document-list__attribute"> Policy paper </li> </ul> </li> </ul> <a href="/search/policy-papers-and-consultations?organisations[]=uk-debt-management-office&parent=uk-debt-management-office" class="govuk-link brand__color" data-module="ga4-link-tracker" data-ga4-link='{"event_name":"navigation","type":"see all","section":"Policy papers and consultations"}'> See all policy papers and consultations </a> </div> </div> <div class="govuk-grid-row"> <div class="govuk-grid-column-one-half organisation__supergroup--margin-bottom" data-ga4-section-documents> <h3 class="gem-c-heading govuk-heading-m gem-c-heading--padding"> Transparency and freedom of information releases </h3> <ul data-module="ga4-link-tracker" data-ga4-track-links-only="" data-ga4-link='{"event_name":"navigation","type":"document list","section":"Documents"}' class="gem-c-document-list govuk-!-margin-bottom-5"> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/publications/government-annuities-investment-fund-report-accounts-2023">Government Annuities Investment Fund Report & Accounts 2023</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2024-08-06"> 6 August 2024 </time> </li> <li class="gem-c-document-list__attribute"> Corporate report </li> </ul> </li> <li class="gem-c-document-list__item "> <div class="gem-c-document-list__item-title"> <a class=" govuk-link gem-c-force-print-link-styles " lang="en" href="/government/publications/uk-debt-management-office-and-debt-management-account-annual-report-and-accounts-2023-to-2024">UK Debt Management Office and Debt Management Account annual report and accounts, 2023 to 2024</a> </div> <ul class="gem-c-document-list__item-metadata"> <li class="gem-c-document-list__attribute"> <time datetime="2024-08-06"> 6 August 2024 </time> </li> <li class="gem-c-document-list__attribute"> Corporate report </li> </ul> </li> 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