The UK will sell bonds worth 485.5 billion pounds in 2020/21 | Instant News

LONDON, November 25 (Reuters) – Britain will issue another 92 billion pound ($ 123 billion) worth of government bonds over the next four months, bringing the financial year total to a record 485.5 billion pounds, the UK Office of Debt Management said. on Wednesday.

The gross financing requirement for 2021/22 is likely to be 255.9 billion pounds, based on new spending estimates from finance minister Rishi Sunak, said the DMO.

$ 1 = 0.7491 pounds Reporting by David Milliken; Edited by Alistair Smout


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