Gilts profit from safe haven flow with new £4.75bn deal

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Gilts profit from safe haven flow with new £4.75bn deal

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Gilts are profiting from safe-haven flows, said Robert Stheeman, chief executive of the UK Debt Management Office (DMO), which, this week, sold its first syndicated note of the 2019/20 funding year — a 6.5 times subscribed issue.

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