40-year inflation-linked gilt sale branded 'expensive' for schemes

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A batch of 40-year inflation-linked gilts - being sold by the Debt Management Office this week - has been branded as "expensive" by a consultant.

The DMO said it expected the sale of 0.5% index-linked treasury gilt 2050 would take place this week subject to market and demand conditions. However Mercer said the offering - which has been ta...

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