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House Price Crash Forum

Uk Government Bond Auction Fails


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Bond issuance undersubscribed.

http://news.bbc.co.uk/1/hi/business/7963815.stm

Didn't see this anywhere else.

Isn't this rather worrying?

There's a 5 page thread on it :lol:

But the 10 year gilt auction was covered, 1.4 times - though is that still rather low?

Peter.

Edit: My last sentence is wrong, see page 6 of the other thread where Chumpus Rex explains it.

Edited by Blue Peter
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