April 24, 2018 / 8:57 AM / 5 months ago

UK debt agency revises up 2018/19 debt issuance plans

LONDON (Reuters) - The UK Debt Management Office said it would raise its government bond issuance plans for the coming financial year by 3.1 billion pounds to 106.0 billion pounds, after the publication on Tuesday of full-year borrowing data for 2017/18.

The DMO said the changes reflected the latest figures for the central government net cash requirement - which showed a 41 percent fall on the year but a 9 percent rise for March alone - as well as the 2018/19 funding plans for NS&I, the government agency that takes savings from the public.

Reporting by David Milliken; Editing by Kevin Liffey

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