London’s bond market whisperer raises US$3.8 trillion for country

Interview With Robert Stheeman Chief Executive Officer Of The U.K.'s Debt Management Office

LONDON: As a 20-year-old trainee at a now-defunct German bank, Robert Stheeman’s first job was running the industrial paper cutter to slice the coupons off bond certificates, sometimes 500 pages thick.

It was a role that set the course for a career that would take him to the top of the United Kingdom’s bond market, overseeing the biggest explosion of public sector borrowing in a generation.