Investors say DMO should cut long-dated gilt issuance as pension fund demand wanes

Market participants call for proportionally more short and medium issuance next year

Jonathan Stapleton
clock • 1 min read
Economic Secretary to the Treasury Bim Afolami. Source: parliament.uk (CC BY 3.0)
Image:

Economic Secretary to the Treasury Bim Afolami. Source: parliament.uk (CC BY 3.0)

The Debt Management Office (DMO) should reduce issuance of longer maturity gilts in favour of an increase in short- and medium-term paper, gilt market participants say.

In the annual consultation meeting between the DMO, HM Treasury, gilt-edged market makers (GEMMs) and gilt investors - held on Monday (29 January) and chaired by economic secretary to the Treasury ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

As COP30 is under way, we are reflecting on the progress the world is making towards net zero, a decade since the Paris Agreement was adopted.

Carlota Garcia-Manas, Head of Climate Transition and ESG Engagement @ Royal London Asset Management
clock 09 December 2025 • 3 min read
Pensions policy changes to be key part of delivering £220bn to UK economy

Pensions policy changes to be key part of delivering £220bn to UK economy

L&G finds reforms could add 0.7% to UK GDP in next decade, delivering £8.8bn for government

Jasmine Urquhart
clock 08 December 2025 • 2 min read
People's Pension appoints Robeco to run £3.6bn emerging markets brief

People's Pension appoints Robeco to run £3.6bn emerging markets brief

Move comes in a shift from a passive to an active approach in bid to deliver higher returns

Jasmine Urquhart
clock 02 December 2025 • 2 min read
Trustpilot