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Supplying a ‘diversity of instruments’ is important for sovereign to meet needs of different investors, says DMO chief
◆ First of two planned linker syndications for 2026-7 executed swiftly ◆ Earlier book open, quick three hour execution to limit risk ◆ £93bn of Gilts issued off year's £246bn programme since April 1
Sovereign issuer overcomes challenges to revive public dollar presence after half a decade’s silence
Spreads expected to remain ‘well anchored’ in coming weeks despite this week’s blip
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Government bonds across the developed markets are among the main winners of a sudden about-turn by investors away from riskier assets, which analysts are blaming on poll figures suggesting that US presidential candidate Donald Trump has moved ahead of rival Hillary Clinton. -
Standard & Poor's has boosted Pakistan’s credit rating to B from B- on the back of improvements in the economy and the outlook of its fiscal and external positions, as well as better governance.
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