Makrognosis

United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA ()

MonthlyNot seasonally adjustedCode UK.PSND.M.NSA.ITEM-JMD6.MEASURE-XBANKS

Latest (y/y)−8.5%September 2026
Previous (y/y)−3.9%August 2026
Level127,696 £mSeptember 2026

United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA () was down 8.5% year on year in September 2026, compared with −3.9% in August 2026.

The level stood at 127,696 £m.

Over the past ten years it has ranged from −44.4% (Nov 2020) to 44.7% (May 2020), averaging 1.4%.

United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA (), annual % change, Apr 1998 – Sep 2026−50%0%50%100%200020052010201520202025Robomacro
United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA (), annual % change, Apr 1998 – Sep 2026. Source: UK Office for National Statistics.
United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA (), level (£m)0k50k100k150k200020052010201520202025Robomacro
United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA (), level (£m).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026127,696 £m−8.5
August 2026129,575 £m−3.9
July 2026128,741 £m−4.1
June 2026123,515 £m−11.2
May 2026125,200 £m−8.5
April 2026128,000 £m−2.9
March 2026130,592 £m−1.3
February 2026128,433 £m1.6
January 2026131,389 £m1.5
December 2025139,549 £m9.9
November 2025144,187 £m7.4
October 2025143,436 £m1.6
September 2025139,513 £m−5.0
August 2025134,849 £m−9.1
July 2025134,273 £m−7.1
June 2025139,053 £m4.5
May 2025136,865 £m7.7
April 2025131,781 £m4.8
March 2025132,353 £m14.9
February 2025126,350 £m16.9
January 2025129,411 £m21.3
December 2024126,923 £m8.0
November 2024134,230 £m12.5
October 2024141,125 £m18.8

Last 24 observations. The full history (354 observations) is available through the API.

Get United Kingdom Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA () in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.PSND.M.NSA.ITEM-JMD6.MEASURE-XBANKS"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.PSND.M.NSA.ITEM-JMD6.MEASURE-XBANKS",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationApril 1997
Observations354
FrequencyMonthly
Units£m
AdjustmentNot seasonally adjusted
10-year high44.7% (May 2020)
10-year low−44.4% (Nov 2020)
10-year average1.4%
Source agencyUK Office for National Statistics
Makrognosis codeUK.PSND.M.NSA.ITEM-JMD6.MEASURE-XBANKS

More United Kingdom PSND series

United Kingdom Bank of England (incl APF): Gross debt: £m CP NSA ()United Kingdom BoE: APF gilt holdings: impact on net debt: £m: CPNSA ()United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA ()United Kingdom CG: NRAM and B&B (element of CG Gross Debt): £m CPNSA ()United Kingdom CG: Network Rail (element of CG Gross Debt): £m CPNSA ()United Kingdom CG: Total central government gross debt: £m CPNSA ()United Kingdom GG Local government gross debt: Bonds: £m CPNSA ()United Kingdom GG consolidated gross debt less LG/CG holdings ()United Kingdom GG: General government condolidated gross debt (Maastricht): £m CPNSA ()United Kingdom GG: General government net debt: £m CPNSA ()United Kingdom GG: Local government gross debt: Money market instruments: £m CPNSA ()United Kingdom LG Gross Debt Total: Maastricht News Release Table 2 ()United Kingdom PC: PC Gross Debt Held by All Other Sectors (including CG) ()United Kingdom PS Consolidated Gross Debt: Less cg/nfpcs cross holdings of debt ()United Kingdom PS Consolidated Gross Debt: Less lg/nfpcs cross holdings of debt ()United Kingdom PS: BoE contribution to PS net debt: £m CPNSA ()United Kingdom PS: Consolidated gross debt (exc BoE): £m CPNSA ()United Kingdom PS: Net Debt (excluding public sector banks) as a % of GDP: NSA ()United Kingdom PS: Net Debt (including public sector banks) as a % of GDP: NSA ()United Kingdom PS: Net debt (PSND): £m CPNSA ()

Other United Kingdom indicators

United Kingdom GDP (Gross Domestic Product)United Kingdom Nominal GDP (current prices)United Kingdom Inflation Rate (CPI)United Kingdom Core Inflation RateUnited Kingdom Unemployment RateUnited Kingdom Credit Rating & Sovereign Risk ScoreUnited Kingdom Industrial ProductionUnited Kingdom Production Industries - Total (Index 1dp): CVM SAUnited Kingdom Retail SalesUnited Kingdom Producer Price Inflation (PPI)United Kingdom BoP Current Account Balance SAUnited Kingdom Trade Balance: Goods & ServicesUnited Kingdom Total Trade (TT): WW: Exports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Exports: BOP: CVM SAUnited Kingdom Total Trade (TT): WW: Imports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Imports: BOP: CVM SA

FAQ

What is the current public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA () in United Kingdom?
The latest reading is −8.5% year on year for September 2026, published by UK Office for National Statistics.
Where does this data come from?
It is collected directly from UK Office for National Statistics and is available through the Makrognosis API under the code UK.PSND.M.NSA.ITEM-JMD6.MEASURE-XBANKS.

Last updated 2026-10-22. Source: UK Office for National Statistics. Original title: “Public sector gross debt (excl public sector banks and BoE): Debt securities (excl gilts): £m CP NSA (UK)”.