DMO issuance cut to have little impact

clock

THE DEBT Management Office's decision to cut its long-dated and index-linked gilt issuance will have only a marginal impact on pension schemes, consultants say.

The DMO will issue £23.4bn of long-dated gilts and £15bn of index-linked gilts in 2007-08 and a further £20bn of short and medium maturity gilts – more than £4bn less than the £62.5bn it issued las...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Fixed Income

Partner Insight: What now? Fixed income in a world of falling rates

Partner Insight: What now? Fixed income in a world of falling rates

Professional Pensions
clock 26 September 2024 • 2 min read
Join us today to discuss why 2024 is an attractive entry point for fixed income

Join us today to discuss why 2024 is an attractive entry point for fixed income

Sarka Halas
clock 25 March 2024 • 1 min read
Partner Insight: Is the future of the UK bond market at stake?

Partner Insight: Is the future of the UK bond market at stake?

What happens when buyers become sellers? We see a significant shift in the UK gilts market as key buyers including pension funds, the Bank of England and insurers are now turning into "net sellers" of these assets.

Van Lanschot Kempen
clock 12 December 2023 • 2 min read
Trustpilot