UK reopens 2054 after investor demand shifts to 35 years

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UK reopens 2054 after investor demand shifts to 35 years

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One pound coin on fluctuating graph. Rate of the pound sterling (shallow DOF) | VALERIYA POTAPOVA/Valerie Potapova - stock.adobe.com

The UK Debt Management Office (DMO) raised £4bn after it reopened its 2054 Gilt this week with market participants signalling their preference for the maturity rather than even longer maturities, said chief executive Robert Stheeman.

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