PPF 7800 deficit falls for second month in row amid higher yields
The aggregate deficit of all schemes in the PPF 7800 index fell for a second month in a row on the back of rising gilt yields.
The estimated deficit of the 5,945 schemes decreased over the month from £419.7bn at the end of September to £328.9bn at the end of October on an s179 basis. The index's funding ratio rose from 77.5%...
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