Following the announcement that it intends to raise a jaw-dropping $220 billion from gilt sales to fund the UK’s budget deficit, the Debt Management Office said it would use new methods to distribute bonds to investors. These are the regular use of syndications and the continued use of mini-tenders. We at Euromoney thought it might be helpful to have a visual representation of one innovative suggestion from a reader.
DMO’s new distribution methods: Barrowfuls of bonds
Following the announcement that it intends to raise a jaw-dropping $220 billion from gilt sales to fund the UK’s budget deficit, the Debt Management Office said it would use new methods to distribute bonds to investors. These are the regular use of syndications and the continued use of mini-tenders. We at Euromoney thought it might be helpful to have a visual representation of one innovative suggestion from a reader.
May 5, 2009
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