Bloomberg News

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

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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