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Bonds

Tuesday May 13, 04:18 PM
UK DMO to auction 900 mln pounds in index-linked gilts maturing 2037 on May 22

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LONDON (Thomson Financial) - The UK's Debt Management Office said it will auction 900 million pounds in index-linked gilts maturing in 2037 on May 22.

The gilts, which carry a yield of 1-1/8 percent, will be fully exchangeable with the same debt already in issue.

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