DMO sells 50-year linkers at record yield lows; demand will continue to outstrip supply

Jonathan Stapleton
clock • 2 min read

The Debt Management Office (DMO) has sold a new tranche of long-dated index-linked treasury gilts at a gross real redemption yield of -1.32%, a record low which experts say is due to "structural" market imbalances.

The issuance of additional 2065-dated index-linked treasury gilts was priced at £201.34 per £100 nominal and raised a total of £5.1bn. The DMO said the UK domestic market provided the predominan...

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

Trustpilot