Reuters reports that investors and dealers recommended that Britain's debt office should put a 10-12 year maturity on its first green government bond sale next month with 2033 the preferred maturity year, the Debt Management Office said on Tuesday.
A planned second sale in October was recommended to have a maturity of around 30 years with 2053 the preferred option, the DMO said on Tuesday.
Britain's government plans to issue at least 15 billion pounds ($20.6 billion) of new debt this financial year which is designed to tap into investor demand for bonds to fund environmental investments.
The DMO also said it planned to hold 20 gilt auctions in the October-to-December period, three of them of index-linked bonds.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.