Alex Salmond has rejected calls for Scottish ministers to withdraw their their threat to renege on UK debt if they cannot secure a currency union.
In response to a letter from Chief Secretary to the Treasury Danny Alexander to the Scottish Government urging its ministers to roll back on its "bogus" debt threat, the Scottish First minister said, "the contractual legal liability lies with the UK Government."
He told BBC Sunday Politics Scotland: "Clearly, if Danny Alexander wants to take all of the assets then he gets stuck with all of the liabilities, which is why our reasonable position is much better."
He added: "We're putting forward an argument that we should share assets and liabilities, which is a wholly responsible position."
With just a few weeks to go until the Scottish independence referendum takes place, here are some key facts about the vote.
An investigation has been launched after listings appeared on eBay offering to sell votes in the upcoming Scottish independence referendum.
Bounce for leaving the union following second debate this week, but only 43% expected to vote yes in referendum on September 18