A brief history of ultra-long term bonds

Dan Jones looks at the precedents for 'super bonds'

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UK Chancellor George Osborne's plans to consider the issue of ultra-long or perpetual bonds. PP looks at the precedents to any such move.

The UK itself has issued a number of perpetual gilts since the 19th century, the bulk of this debt being accounted for by the £1.9bn War Loan issued in 1917. But just three sovereign nations in rec...

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