DMO to launch 55-year index-linked gilt; longer duration lacks demand

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The UK Debt Management Office (DMO) will launch a 55-year index linked gilt in the coming weeks but says issuing any bonds of longer duration remains difficult due to lack of demand.

Speaking at the National Association of Pension Funds (NAPF) Investment Strategies Conference, DMO chief executive Robert Stheeman (pictured) told delegates of the organisation's intention to launc...

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