LONDON: The United Kingdom’s latest debt offering will probably be inundated by demand.
The sale of 30-year bonds via banks yesterday is expected to pull in investors keen on locking in appealing rates, after a near 20-basis-point rise for the yield on these gilts this month. Next week the Bank of England (BoE) is due to meet and could boost its quantitative-easing programme, spurring yields to fall back.
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