UK debuts 50-year index-linked gilt

News

The UK priced an issue of 50-year index-linked bonds in September - the first of its kind in the world. "We have successfully opened a new sector of the index-linked gilt market, matching the extension of the conventional gilt curve earlier this year," says Robert Stheeman, chief executive of the UK's Debt Management Office (DMO).

The 1.25% gilt was issued via a syndicated offering - another first. Until now the DMO has issued gilts through an open auction process. The joint lead bookrunners

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: