UK to increase bond sales by an extra £9 billion after this week’s budget

The UK government is about to raise an extra £9 billion this fiscal year through bond sales, lifting total planned gilt issuance to £308. 1 billion, based on the median estimate of 14 primary dealers surveyed by Bloomberg. That’s the biggest annual figure since 2021, when pandemic spending forced record borrowing. The number smashes through the […] source: https://www.cryptopolitan.com/uk-increase-bond-sales-by-an-extra-9-billion/