Budget 2013: Gilt issuance to fall

clock

The government will issue less debt this year but increase the percentage of index-linked gilts it auctions at the expense of short-dated conventional gilts.

Budget documents show the government intends to issue £151bn of gilts this year compared with £167.7bn last year. The biggest reduction will be to short-dated conventional gilt issuance, which will...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

TUC calls for action to reduce gender pension gap

TUC calls for action to reduce gender pension gap

Gender pension gap more than twice the level of the gender pay gap

clock 20 May 2022 • 1 min read
The Universities Superannuation Scheme is based in London

USS whistleblower drops unfair dismissal case

University of Warwick professor Jane Hutton was suspended in June 2019

Hope William-Smith
clock 20 May 2022 • 1 min read
Women in Pensions 2022: Entry deadline extended!

Women in Pensions 2022: Entry deadline extended!

Nominees have one more week to submit their questionnaires

Professional Pensions
clock 20 May 2022 • 1 min read
Trustpilot