Key gilt auction three times over-subscribed

By Abigail Townsend

Date: Tuesday 14 Jan 2025

(Sharecast News) - A closely-watched auction of government debt was three times over-subscribed, the Debt Management Office confirmed on Tuesday.
According to the DMO, it received bids totalling £3.06bn in an auction of £1bn of 1.25% Index-linked Treasury Gilt 2054.

The auction came amid turmoil across the UK and US...

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