U.K.’s $648 Billion Debt-Sale Plan More Than Double Last Record

  • Plan in line with estimate in Bloomberg survey of dealers
  • RPI inflation gauge to be brought in line with CPIH in 2030
Photographer: Simon Dawson/Bloomberg
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The U.K. government plans to issue a record 485.5 billion pounds ($648 billion) of bonds this fiscal year to help fight the economic damage wrought by the coronavirus pandemic.