Bonds

UK Set to Slash Bond Sales by 20% and Add to Gilt Tailwinds

The UK is expected to slash gilt sales in the coming year, a rare piece of good news for bond investors concerned about the country’s strained finances.

The Debt Management Office, which issues bonds for the UK government, is expected to announce gross sales of £245 billion ($331 billion) for the 2026/2027 fiscal year, according to the median estimate of 12 primary dealers surveyed by Bloomberg.