CGNCR

AcronymDefinition
CGNCRCentral Government Net Cash Requirement
References in periodicals archive ?
This will increase the CGNCR and the government will have to meet this higher requirement, most likely through a larger issuance of gilts.
However, it would simultaneously reduce the net cash transfer to HM Treasury and as such push up on CGNCR and likely borrowing, undoing some of the impact on PSND discussed previously.