UK Chancellor George Osborne's plans to consider the issue of ultra-long or perpetual bonds. PP looks at the precedents to any such move.
The UK itself has issued a number of perpetual gilts since the 19th century, the bulk of this debt being accounted for by the £1.9bn War Loan issued in 1917. But just three sovereign nations in rec...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
