As of December 2024, UK government debt was more likely to be either short or long-term conventional gilts. Respectively, these types of bonds accounted for ** and **** percent of the total outstanding debt, while medium-term conventional gilts accounted for ** percent of the overall debt. Short-term gilts are government bonds with a maturity of seven years or less, medium a maturity of seven to 15 years, and long have a maturity of 15 to 50 years.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in United Kingdom (TDSAMRIAOGGGB) from Q1 1963 to Q4 2022 about United Kingdom, maturity, sector, debt, residents, securities, and government.

The yield on United Kingdom 10Y Bond Yield rose to 4.51% on December 2, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.07 points and is 0.26 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. UK 10 Year Gilt Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

As of December 2024, all United Kingdom government debt securities were returning positive yields, regardless of maturity. This places the yield of both UK short term bonds and long term bonds above that of major countries like Germany, France and Japan, but lower than the United States. What are government bonds? Government bonds are debt instruments where a certain amount of money is given to the issuer, in exchange for regular payments of interest over a fixed period. At the end of this period the issuer then returns the amount in full. Bonds differ from a regular loan through how they can be traded on financial markets once issued. This ability to trade bonds makes it more complex to measure the return investors receive from bonds, as the price they buy a bond for on the market may differ from the price the same bond was initially issued at. The yield is therefore calculated as what investors can expect to receive based on current market prices paid for the bond, not the value it was issued at. In total, UK government debt amounted to over 2.4 trillion British pounds in 2023 – with the majority being comprised of different types of UK government bonds. Why are inverted yield curves important? UK government bond yields over recent years have taken on a typical shape, with short term bonds having a lower yield than bonds with a maturity of 10 to 20 years. The higher yield of longer-term bonds compensates investors for the higher level of uncertainty in the future. However, if investors are sufficiently worried about both a short term economic decline, and low long term growth, they may prefer to purchase short term bonds in order to secure assets with regular interest payments in the here and now (as opposed to shares, which can lose a lot of value in a short time). This can lead to an inverted yield curve, where shorter term debt has a higher yield. Inverted yield curves are generally seen as a reliable indicator of a recession, with inverted yields occurring before most recent U.S. recessions. The major exception to this is the recession from the coronavirus pandemic – but even then, U.S. yield curves came perilously close to being inverted in mid-2019.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United Kingdom (IRLTLT01GBM156N) from Jan 1960 to Oct 2025 about long-term, 10-year, United Kingdom, bonds, yield, government, interest rate, interest, and rate.

The yield on United Kingdom 30-Year Treasury Gilt Auction Bond Yield held steady at 5.25% on December 2, 2025. Over the past month, the yield has edged up by 0.05 points and is 0.49 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United Kingdom 30-Year Treasury Gilt Auction - values, historical data, forecasts and news - updated on December of 2025.

In the third quarter of 2024, the outstanding debt securities from UK financial corporations was four times greater than those from non-financial corporations. The total outstanding debt amounted to *** trillion U.S. dollars as of the third quarter of 2024, with the majority of outstanding corporate bonds being issued by financial corporations.

The yield on UK 20 Year Bond Yield rose to 5.15% on December 1, 2025, marking a 0.06 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.05 points and is 0.47 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for UK 20Y.

United Kingdom UK: Expenditure: Interest Payments: % of Revenue data was reported at 6.817 % in 2016. This records an increase from the previous number of 6.564 % for 2015. United Kingdom UK: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 8.918 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 11.791 % in 1979 and a record low of 5.356 % in 2004. United Kingdom UK: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

The yield on United Kingdom 2Y Bond Yield rose to 3.79% on December 2, 2025, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.45 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for UK 2Y.

United Kingdom PC: Assets: Flow: Debt Securities: Long Term: Bonds: RoW data was reported at -52.000 GBP mn in Jun 2018. This records a decrease from the previous number of -25.000 GBP mn for Mar 2018. United Kingdom PC: Assets: Flow: Debt Securities: Long Term: Bonds: RoW data is updated quarterly, averaging 34.000 GBP mn from Mar 1987 (Median) to Jun 2018, with 126 observations. The data reached an all-time high of 7,351.000 GBP mn in Jun 2014 and a record low of -3,240.000 GBP mn in Jun 2013. United Kingdom PC: Assets: Flow: Debt Securities: Long Term: Bonds: RoW data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.AB007: ESA10: Funds by Sector: Private Non Financial Corporations: Flow.

The total market size of gilts in the United Kingdom (UK) amounted to approximately *** trillion British pounds as of December 2024. The majority of gilts in the UK are made up of ****************************.

The yield on Germany 10Y Bond Yield eased to 2.70% on November 21, 2025, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.14 points and is 0.44 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 10-Year Bond Yield - values, historical data, forecasts and news - updated on November of 2025.

United Kingdom PF: Liabilities: Flow: Debt Securities: Bond by MFI & Other Resident data was reported at 16.000 GBP mn in Mar 2018. This records a decrease from the previous number of 134.000 GBP mn for Dec 2017. United Kingdom PF: Liabilities: Flow: Debt Securities: Bond by MFI & Other Resident data is updated quarterly, averaging 0.000 GBP mn from Mar 1987 (Median) to Mar 2018, with 125 observations. The data reached an all-time high of 2,686.000 GBP mn in Mar 1999 and a record low of -1,558.000 GBP mn in Dec 2002. United Kingdom PF: Liabilities: Flow: Debt Securities: Bond by MFI & Other Resident data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.AB005: ESA10: Funds by Sector: Public Non Financial Corporations: Flow.

United Kingdom - Value of Securities, Debt securities, Bonds in ICE Clear Europe, Central counterparties/clearing houses, settled in All / Total

Over the five years through 2025-26, Credit Bureaux and Rating Agencies’ revenue growth is slated to grow at a compound annual rate of 0.9% to £3 billion. The industry has had to navigate a changing environment with the Bank of England raising interest rates over the two years through 2023-24, a sharp contrast to the ultra-low levels seen over the decade previously. The past five years have been turbulent, with weak economic conditions impeding revenue. Low confidence and the high interest rate environment have meant there’s been less borrowing across the economy over the past few years, resulting in a drop in demand for the services credit rating agencies provide. M&A activity has also left much to be desired, with the divergence between buying and selling prices denting exit volumes in 2023-24. Despite conditions remaining bleak as inflation proves sticky and rates come down slower than expected, lending activity is positioned for a modest recovery over the two years through 2025-26. Increasingly favourable economic conditions, interest rate cuts and an upturn in deal-making are expected to stimulate borrowing. This will feed through to higher demand for credit rating services, as lenders require credit checks prior to approving loans, contributing revenue growth of 4.6% in 2025-26. Over the five years through 2030-31, revenue is forecast to expand at a compound annual rate of 3.8% to reach £3.7 billion. Mounting demand for ESG rating services, which have been brought in by a number of major rating agencies, will be a key driver of this growth. Larger players like Moody’s and Fitch will continue to leverage their extensive data and model credit risk more accurately. Credit rating agencies will also navigate an evolving regulatory environment, most notably the introduction of the Basel III reforms in January 2027, reducing the risk margin and aiding lending activity.

The outstanding value of UK's general government debt securities has shown an upward trend from 2000 to 2024, rising from 294 billion British pounds in 2000 to over 2.5 trillion British pounds. The largest increase occurred between 2019 and 2020, when it went from 1.6 trillion to 1.9 trillion British pounds.

China Outbound Portfolio Investment Asset: Debt Securities: Long-Term: British Indian Ocean Territory data was reported at 0.000 USD mn in Dec 2022. This stayed constant from the previous number of 0.000 USD mn for Jun 2022. China Outbound Portfolio Investment Asset: Debt Securities: Long-Term: British Indian Ocean Territory data is updated semiannually, averaging 0.000 USD mn from Jun 2015 (Median) to Dec 2022, with 16 observations. The data reached an all-time high of 0.000 USD mn in Dec 2022 and a record low of 0.000 USD mn in Dec 2022. China Outbound Portfolio Investment Asset: Debt Securities: Long-Term: British Indian Ocean Territory data remains active status in CEIC and is reported by State Administration of Foreign Exchange. The data is categorized under China Premium Database’s Balance of Payments – Table CN.JT: CPIS: Outbound Portfolio Investment Asset by Country: Bond: Long-term.

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

United Kingdom - Number of Delivery instructions, DVP trades, Debt securities, Bonds in Euroclear UK & Ireland, Central securities depositories, settled in All / Total