DMO to increase Gilt sales by £2.1bn

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DMO to increase Gilt sales by £2.1bn

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Close-up of a line of ten pound notes. | Anthony Brown/antbphotos - Fotolia

The UK’s Debt Management Office is to sell an extra £2.1bn of Gilts in the year to March 2017, after the government's net cash requirement rose by £2.9bn compared to the forecast published alongside the country's budget a few weeks ago.

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