Budget 2011: Index linked gilt issues to increase by £4.6bn

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The Debt Management Office will increase its issuance of index-linked gilts by £4.6bn but reduce long-term issues this fiscal year, the Treasury has announced.

Budget documents published today show the DMO will issue £38.4bn of ILGs in 2011-2012 - up from £33.8bn in 2010-2011 - increasing opportunities for pension funds to hedge their liabilities. But ...

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