UK sells larger than targeted tap of 2068s

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UK sells larger than targeted tap of 2068s

The UK Debt Management Office printed a larger than planned tap of a 3.5% July 2068 conventional Gilt on Tuesday — leaving it with one inflation linked reopening to complete its syndicated work for the financial year. The sovereign got the deal away ahead of the delayed release of US nonfarm payroll data scheduled for later in the day.

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