By using this website, you agree to our use of cookies to enhance your experience.
We have 1 guests online 
Sign up

Still healthy demand for UK Government bonds - Treasury

Thursday 28th January 2010
Treasury minister Stephen Timms said there was still a healthy demand for Government bonds, despite Britain's record deficit.

He spoke out after Bill Gross, managing director at Pimco, the world's biggest bond house, said UK gilts were "resting on a bed of nitroglycerine" as a result of the nation's high debt levels and advised against buying them, the Daily Telegraph reports.

"We have continued to see a good level of demand for gilts," Timms said. "I only point to the fact that our auctions have been well covered and I am confident that we will continue to meet our needs."
Click here to read full report in the Telegraph

Have your say on this story using the comment section below

blog comments powered by Disqus
View Comments

(0) Comments | Report Abuse

If you have any questions or suggestions about this article or our news section, please don't hesitate to contact us.

Editorial Contact Details - Conor Shilling
0845 672 6000
Related News Stories
Most Read News Stories