U.K. Cuts Planned Long-Dated Gilt Sales
The Debt Management Office reduced planned long-dated conventional gilt sales for fiscal 2026-27. Gilt prices rose and yields fell.
The U.K. Debt Management Office announced reduced size of long-dated gilts sales in the fiscal year 2026-27, causing their prices to rise and yields to fall. Planned sales of long-dated conventional gilts fall to 15.5 billion pounds in 2026-27, from 22.4 billion pounds announced in April. Planned s…