UK debt management official parries demand fears
The co-head of policy and markets at the UK's Debt Management Office on Thursday played down concerns that it would be unable to sell the required amount of government debt this year.
The Debt Management Office plans to sell £187.3 billion-worth ($278 billion) of gilts in the 2010-2011 financial year, which begins in April. This is down from the total set to be sold for the current fiscal year.
However, demand for UK government debt was boosted last year by the Bank of England expanding its
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