Sterling ignores election as UK DMO plans, SSAs print

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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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