1427 GMT - The U.K. Debt Management Office's shift towards issuing more shorter-dated government bonds, or gilts, in July to September is "the most aggressive in the DMOs history," RBC Capital Markets strategists say in a note. The DMO announced in recent months that it was reducing the proportion of long-dated gilt issuance and instead issuing more shorter-dated gilts reflect market demand. The average weighted maturity of gilt issuance is estimated to fall to 9.3 years, RBC calculates. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 03, 2025 10:27 ET (14:27 GMT)
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