Following a review of Government debt management arrangements, HM Treasury and the Bank of England, the previous gilts registrar, concluded that the private sector would be better placed to provide any future benefits of economies of scale for this service.
The service was put out to tender last year, leading to Computershare being identified as the preferred bidder. Computershare has worked closely with the Bank of England, HM Treasury and the Debt Management Office since being appointed as the new registrar, to ensure a successful transfer of the gilts registration service. Today we are announcing that the transfer is complete.
