UK DMO to sell GBP 5bln in 2029 Gilts on July 21

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The UK Debt Management Office (DMO) has officially announced a 5 billion pound issuance of government bonds maturing in 2029 on July 21. This large-scale supply is expected to absorb market liquidity and exert upward pressure on bond yields. Investors should closely monitor shifts in the UK yield curve and the resulting volatility in the British pound.

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