UK 2060 tap set fair despite ‘first ever’ January deficit

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UK 2060 tap set fair despite ‘first ever’ January deficit

Issue: 1142 - 19 February 2010

Keywords: UK Debt Management Office, DMO, 2060 tap

The UK will issue a tap of its 4% 2060 Gilt next week, just days after news that net borrowing in January was £4.3bn, more than £9bn higher than last year, and compared to expectations of a £2.6bn surplus. ..

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