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by Bulldoggie
Wed Dec 09, 2020 3:24 am
Forum: Finance and Investments
Topic: UK sold negative yield government bonds
Replies: 0
Views: 46752

UK sold negative yield government bonds

On Wednesday, the UK sold negative yield government bonds for the first time. This means that investors are actually paying for the opportunity to lend to the British government. The UK has sold £3.8bn worth of three-year bonds at a yield of minus 0.003%, according to the DMO's debt management offic...