DMO index-linked gilt issue 1.72 times oversubscribed

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THE DEBT Management Office has revealed that today's 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 a inflation adjusted price of just over £1...

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