Market fragmentation "inevitable" if CPI-linked gilts issued, says DMO chief

robert-stheeman

Concern over the fragmentation of the UK inflation-linked bond market remains a key issue for the Debt Management Office (DMO), as it comes to the end of its consultation on whether to issue gilts linked to the consumer price index (CPI).

The consultation follows an announcement by the Department for Work and Pensions last July that CPI should become the statutory minimum for the revaluation and indexation of pension rights for all occupational pension schemes - a move that should, in theory, cr

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: