UK to issue two green Gilts in 2021 as new £12bn infra bank confirmed

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UK to issue two green Gilts in 2021 as new £12bn infra bank confirmed

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Jeanette Teare - stock.adobe.com

The UK Debt Management Office announced its borrowing remit for its 2021/2022 fiscal year on Wednesday, following the chancellor of the exchequer Rishi Sunak's budget speech, which includes plans to sell a debut green Gilt in the summer with another later in the year. A new UK infrastructure bank, which will use debt and equity capital was also made official in the budget.

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