Jin10 data reported on September 2, the recent issuance of UK 10-year government bonds attracted a large number of subscriptions, expected to raise a record-breaking £14 billion ($18.7 billion). According to informed sources, this batch of bonds, which will mature in October 2035, received bids exceeding £140 billion, with a subscription multiple of over 10 times. The bond was ultimately priced 8.25 basis points above the benchmark interest rate for the same period, which is the lower limit of the guidance range, with a coupon rate of 4.75%. The asset management company Vanguard stated that it has established a significant position in this government bond issuance. International interest rate chief Ales Courtney stated that despite various concerns in the market regarding the UK's fiscal situation and recent political developments, the subscription orders for today's newly issued 10-year government bonds have exceeded 10 times. Compared to Germany and France, which are also facing fiscal concerns, UK bonds are currently more attractive.
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Asset management institutions: Although UK bonds carry risks, they are more "attractive" than German and French bonds.
Jin10 data reported on September 2, the recent issuance of UK 10-year government bonds attracted a large number of subscriptions, expected to raise a record-breaking £14 billion ($18.7 billion). According to informed sources, this batch of bonds, which will mature in October 2035, received bids exceeding £140 billion, with a subscription multiple of over 10 times. The bond was ultimately priced 8.25 basis points above the benchmark interest rate for the same period, which is the lower limit of the guidance range, with a coupon rate of 4.75%. The asset management company Vanguard stated that it has established a significant position in this government bond issuance. International interest rate chief Ales Courtney stated that despite various concerns in the market regarding the UK's fiscal situation and recent political developments, the subscription orders for today's newly issued 10-year government bonds have exceeded 10 times. Compared to Germany and France, which are also facing fiscal concerns, UK bonds are currently more attractive.