2 Comments on "Update"


  1. Are there any figures for the take up of these bonds? Some of the numbers I’ve heard seem to be rather higher than initial projections.

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    1. Well, given that it’s a UK gilt that pays 400bp over the market and the only limit on demand is how much ready cash the eligible can drum up…

      (sorry, the eligible? I meant the eligible and all their friends and relatives they might conceivably play straw buyer for…)

      Reply

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