Budget 2010: DMO to increase longer dated gilt issuance - UPDATED

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The Debt Management Office plans to increase issuance of longer dated conventional and index-linked gilts in the coming financial year in response to strong structural demand.

Financial Services Secretary Paul Myners said gross gilt issuance is projected to be £187.3bn in 2010-11, down from £227.6bn in this financial year. Projected gilt sales in long conventional and...

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