UK - Chancellor Gordon Brown has laid down plans that "could" allow two-thirds of gilts issued in 2006/07 to be long-dated, easing the supply shortage for pension funds wanting to match their liabilities more closely.
In his 10th budget speech today Brown said: “In the next issue, long dated gilts will increase from just under half to up to two thirds, reflecting the benefits we now gain from long term stabilit...
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