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Coronavirus (COVID-19)—Treasury updates 2020–21 government financing targets

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Published on: 16 July 2020

Published by LNB News

LNB News 16/07/2020

Document Information

Issue Date: 16 July 2020

Published Date: 16 July 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

HM Treasury has announced a further revision to the UK Debt Management Office’s (DMO) financing remit for 2020–21 together with details of the provisional gilt issuance schedule for September to November 2020. The government does not expect the higher volume of issuance caused by coronavirus (COVID-19) to continue to impact the final four months of 2020. The government has confirmed that a further update to the DMO’s financing remit and planned issuance schedule for 2020–21 will be announced in the Autumn Budget.

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