Spring Budget 23: Government to issue further £10bn of green gilts

Proceeds from the gilt to be used in conjunction with Green Financing Framework

Beth Brearley
clock • 1 min read
Spring Budget 23: Government to issue further £10bn of green gilts

The government has announced plans to issue a further £10bn of green gilts in 2023-24 in today's Spring Budget (15 March).

The UK's first green gilt was issued in September 2021 as part of the government's green financing programme, with a maturity of July 2033. The launch marked the largest inaugural green issuance by...

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