Government bonds
Answer:
There are three aspects - initial debts inherited, the cost of work to establish operations, and the continuing financial position. The costs can be covered by the assets transferred to Scotland, issuing of bonds, and borrowing as all nations do.
Full answer here: What is the financial impact on Scotland of independence?
What Kilts Might Reveal: A Discussion of Scottish Government Bonds Part 2
Author / Creator: Iain Hardie
Media type: Report
Date published: 2023
Independent governments in countries similar to Scotland rely overwhelmingly on borrowing in their own currency
What Kilts Might Reveal: A Discussion of Scottish Government Bonds, Part 1
Author / Creator: Iain Hardie
Media type: Article
Date published: 2023
Scotland could issue bonds
How might an independent Scotland manage public debt?
Author / Creator: JAGJIT CHADHA
Media type: Article
Date published: 2022
How public debt is managed is a critical question for any national government acting on behalf of its current and future citizens. It is of particular importance to a newly independent country
Claiming Scotland’s Assets: A discussion paper on the division of assets and debts to an independent Scotland
Author / Creator: Craig Dalzell
Media type: Policy Paper
Date published: September 2016
The “zero option” approach to UK debt whereby the rUK is allowed to maintain its claim as the continuing state to the former UK and to adopt all mobile assets and liabilities is the appropriate stance.