USS invests in Yorkshire Water inflation-linked swaps

Victoria Tichá
clock • 2 min read

The £60bn Universities Superannuation Scheme (USS) has made a follow-on investment in Yorkshire Water inflation-linked notes, backed by inflation swap cash flows, to secure long-term returns.

This is its second such transaction, with the first being in June 2015, where USS made a £150m investment in a series of long-term, super-senior retail price index-linked cashflows, backed by Yorks...

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