Gilt yields, sterling deals await UK election result

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By Craig McGlashan
08 Jun 2017

Public sector borrowers are considering sterling deals next week — but any issuance will hinge on the result of the UK’s general election on Thursday. The vote will also have a large bearing on Gilt yields, said analysts.

The UK Debt Management Office’s next planned deal is a 30-40 year index-linker in the first half of July, but the price it pays could be determined by the election — which was ongoing as GlobalCapital went to press.

The opposition Labour Party has slashed the ruling Conservative ...

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