Market slump: A general view of the BoE in London. The central bank has raised interest rates this year, with 10-year yields surging to the highest since 2018. — AP
LONDON: The United Kingdom is about to finance a year of spending without help from the Bank of England (BoE) for the first time in over a decade.
The nation’s Debt Management Office (DMO) is seen issuing £152bil (US$201bil or RM847bil) of gilts in the fiscal year from April, down from £195bil (RM1.09 trillion) for the past year, a Bloomberg survey of 15 primary dealers showed.
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