UK - Schemes seeking to match their liabilities will be the main buyers of long-dated gilts at forthcoming government auctions, Axa Investment Managers claims.
The UK Debt Management Office – the government agency that issues bonds – last week sold £2.5bn of gilts which will pay buyers 4.8% interest each year until 2038. The auction attracted over £5bn of...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
