Budget 2014: Index-linked gilt issuance falls

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The government will auction fewer index-linked gilts (ILGs) in 2014/15 as the total value of gilts issued is set to fall from £153.4bn to £128.4bn.

The value of ILGs auctioned will fall from £38.4bn to £31.0bn while the issuance of long-dated gilts will remain broadly unchanged, falling from £34.3bn to £33.1bn. The value of short and medium...

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