In the months ahead, the Bank of England will begin printing new bonds to buy British bonds.
The new bonds will be backed by the government’s £1.7 trillion Sovereign Bond Fund.
But if the Government decides to buy the bonds, the proceeds will be used to fund its spending on the public sector and the economy, including a £500 billion injection of money into the NHS.
The UK government plans to borrow the money through a new debt purchase scheme that will see it issue new debt to fund the public-sector borrowing.
But the Government is struggling to find the money to pay off its debt.
And with inflation running at near record levels, the Government needs to cut its spending in order to keep its borrowing costs down.
What’s the difference between a bond and a currency?
The key difference between currency and bond is that a currency can be issued for a short period of time and then it disappears.
The government can issue new currency for a longer period of, say, 10 years, and it’s called a sovereign currency.
A currency can also be used for long periods of time, and can be used by the UK and other countries for different purposes.
A bond can be backed with cash that is then lent to the Government.
But currency has no fixed value.
The value of a currency fluctuates depending on the economic conditions in a country.
So when the UK starts printing new debt, it will probably see the value of its currency fall, said Peter Boulton, an economist at Capital Economics.
The Government said it would be able pay down its debt through the Sovereign Bond, which will also be issued to the private sector.
How will this affect me?
You’ll probably have to wait until later this year before you can start to use the new bonds.
If you have any debts to pay, the bond issue will automatically be taken care of by the Treasury.
But any future payments you make will be due to your bank.