Market participants call for proportionally more short and medium issuance next year
Move comes a fortnight earlier than planned
Move comes in bid to temporarily absorb selling of ILGs in excess of market capacity
But FTSE 350 schemes are on average just over a decade from a full insurance solution
Budget saw reduction in net financing needs leading to cut in DMO remit for issuance
Follows the record-breaking launch of the government’s first offering last week
The Treasury will aim to plug the growing financial holes caused by Covid-19 by selling off £45bn of bonds during April.
The Debt Management Office (DMO) is set to issue a 30-year inflation protected bond as investors clamour for ways to protect against rising inflation.
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.
Taha Lokhandwala looks at what the Debt Management Office plans for government bonds