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 ...

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