DMO bond auction oversubscribed

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The Debt Management Office has revealed its auction of £925m of 30-year index-linked bonds was 1.72 times oversubscribed.

The auction of the 1.125pc index-linked treasury gilt 2037 received total bids of £1.59bn and allocated a total of £925m of bonds. The bonds were sold at an inflation-adjusted price of just over...

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