PBUK: DMO says budget changes will not significantly affect demand for gilts

Helen Morrissey
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Budget changes will not significantly affect demand for gilts according to the UK Debt Management Office's (DMO) chief executive Robert Stheeman.

Concerns had been raised that if fewer retirees buy annuities as a result of the changes, demand for gilts could shrink. But Stheeman said: "In our opinion a significant demand for inflation lin...

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