Tuesday, February 21, 2017

UPDATE 1-UK sells inflation-linked bond at record-low yield via syndication

(Adds reaction, market moves)

By Andy Bruce

LONDON, Feb 21 (Reuters) - Britain raised 4.5 billion pounds

($5.6 billion) on Tuesday through the sale of a 50-year

inflation-linked bond that offered the lowest-ever

inflation-adjusted return for a British government bond sold via

a syndicate of banks.

British financial markets' inflation expectations hit their

highest level in several years at the start of the month, and

although they are now off their peak, investors are still

willing

Read more

No comments:

Post a Comment