three simple ways to get a tool to bore hole in a thick washer,get a square toolbit and grind it so that you have a boring tool at the end, this will bore your washer to a depth of twice the bit size ie 20mm,advantage –the tool is very stiff and will not deflect, a purchased hss boring tool forged to boring bar shape works ok but I have that they will chatter when pushed to the limit,whereas a bit ground ffrom a hss toolbit does not chatter so readily.yet another way is to have a commercial boring bar like in the Adys post, I always make mine from a length of round silver steel,grinding small hss toolbits for these bars is fiddly for the beginner,so get a long round toolbit grind the end to the cutting shape you require then cut then tool to length. The old method was to grind a nick in the tool bit on the edge of the grinding wheel to about half depth,put it in the vice,place bit of rag over it and clout it with a hammer to break it where it is nicked, modern way is to use a 1 mm thick cutting disk in an angle grinder. The 1mm discs can also be used when shaping up large hss bits,then finish off on the grindstone.lot quicker.