UK eyes expansion to 60 years but pensions rule to quash demand

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

UK eyes expansion to 60 years but pensions rule to quash demand

The United Kingdom Debt Management Office this week removed the 50 year maturity cap on Gilts in the 2013-2014 fiscal year and said it will look to launch deals with maturities between 50 and 60 years. But it coincided with a pension fund liabilities announcement that analysts have suggested may harm demand for Gilts at the long end of the curve.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article