Thursday May 21, 05:39 PM
Loss of UK AAA rating would not hurt debt demand - DMO
LONDON, May 21 (Reuters) - Investors' appetite for British government debt would not be hurt even if it lost its triple-A rating, the chief executive of the UK Debt Management Office said on Thursday.
'I don't think
it would fundamentally change the way international investors view our debt, it could mean they might demand fractionally more in terms of yields, (but the difference) could easily be imperceptible,' Stheeman told Channel 4 News.
Ratings agency Standard & Poor's downgraded its outlook for its triple-A outlook on Britain's debt to 'negative' from 'stable' earlier on Thursday., A
(Reporting by David Milliken) Keywords: BRITAIN RATING/DMO
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