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.


    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…)


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.