In this episode of Markets Plus, Laurence Mutkin, Head of EMEA Rates Strategy, BMO, discusses key highlights of the UK Spring Statement fiscal event, including the total level of borrowing in 2025-26 and beyond, how the UK Debt Management Office intends to alter its gilt issuance strategy by reducing duration and including off-the-runs, and the OBR’s (Office for Budget Responsibility) economic forecasts.
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