Autumn Statement: Govt rejects CPI-linked gilts for 2012

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The government has said it will not issue CPI-linked gilts in 2012-13, saying the move would not be cost effective and would involve "a number of risks".

The decision follows a consultation by the UK Debt Management Office over the possibility of CPI-linked issuance, which closed on 22 September, with many pension funds viewing CPI-linked gilts as a...

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