Keywords

ALB, Arm’s Length Bodies, Public Bodies, Quangos, Public Servants, Civil Servants

UK Debt Management Office (UKDMO)

UK Debt Management Office is a Executive Agency sponsored by HM Treasury. The DMO’s remit is to carry out the Government’s debt management policy of minimising financing costs over the long term, taking account of risk, and to minimise the cost of offsetting the Government’s net cash flows over time, while operating in a risk appetite approved by Ministers in both cases. The DMO also operates the Public Works Loan Board, which provies loans to local authorities and other specified public bodies.

Regional Remit

UKDMO operates in the UK. Their headquarters are located in London.


Cabinet Office | ALB Landscape Analysis 2023-24

Source: Office for National Statistics licensed under the Open Government Licence v.3.0 Contains OS data © Crown copyright and database right 2025

2023/24 Chair's Name

Dame Sue Owen

Established

1998

Ombudsman

Parliamentary & Health Service Ombudsman

Cabinet Office | ALB Landscape Analysis 2023-24

Finances

This figure provides an overview of UK Debt Management Office’s income and expenditure during the 2023/24 financial year.

Some ALBs, such as those with Trading Fund status, do not classify their spending data by RDEL, CDEL, and AME and will report £0 for these values.
For more information regarding RDEL, CDEL and AME, please see our analysis of ALB Spending.

Cabinet Office | ALB Landscape Analysis 2023-24


Staffing

The figure below shows the types of staff employed by UK Debt Management Office on 31 March 2024.


Cabinet Office | ALB Landscape Analysis 2023-24

Arms Length Bodies

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