CPI-linked gilts will not be issued next year, says government

Bank of England

The government will not be issuing gilts linked to the consumer price index (CPI) next year, the UK Debt Management Office (DMO) has said. But it has not discounted issuing them in the future.

The decision, which followed a consultation on the subject earlier this year, was attributed to uncertainty over whether there would be sustainable demand for the gilts over the long term.

"The Government would need to be satisfied that any demand for CPI-linked gilts would be sufficiently strong and susta