UK total gilt issuance on £308.1 billion track with extra £9 billion in bond sales lined up
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 [...]