UK debt office trims 2023/24 gilt issuance remit to 237.8 bln stg

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 25 (Reuters) - Britain trimmed its estimate for government bond issuance in the current 2023/24 financial year after the publication of new public finances data that showed less borrowing in the previous financial year than previously estimated. The Debt Management Office cut its gilt issuance remit to 237.8 billion pounds ($296.92 billion), down 3.3 billion pounds on the previous remit issued in March. ($1 = 0.8009 pounds) (Reporting by Andy Bruce Editing by William Schomberg)

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