Analysts from seven funding banks mentioned they anticipate gross sales of UK authorities bonds to achieve round £300bn for the yr to March 2025, in response to figures compiled by the Monetary Occasions.
The Treasury’s current internet financing requirement for the yr sits at £278bn, a determine that the analysts anticipate to rise to round £298bn, marking the second highest ever complete, behind the borrowing that came about throughout the pandemic to finance furlough and different emergency schemes.
UK authorities borrowing prices have edged increased over the previous week, with 10-year gilts presently sitting at their hig…
