Bloomberg News

Gilts Stay Little Changed After BOE Minutes, U.K. Budget Data

By Anchalee Worrachate
November 21, 2012

U.K. government bonds were little changed after minutes showed Bank of England policy makers voted 8-1 to stop expanding the central bank’s bond-purchase program at a meeting earlier this month.

The yield on 10-year securities was at 1.85 percent as of 9:37 a.m. London time.

The pound strengthened 0.2 percent to 80.29 pence per euro and was little changed at $1.5927.

A separate report showed Britain’s budget deficit widened in October.

To contact the reporter on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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