Sterling ignores election as UK DMO plans, SSAs print

By Craig McGlashan
29 Jun 2017

The sterling market for public sector borrowers has trundled back into gear after the shock UK election result on June 8. A series of issuers printed through this week, while the UK Debt Management Office announced its plans for the second syndication of the 2017-18 financial year.

The DMO picked a bond at the long end of its target range. It will reopen its 0.125% November 2056 index-linker, a bond it first issued in December last year, it said in a press release on Monday. The syndication will come in the week beginning July 10. ...

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