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The Guardian - UK
The Guardian - UK
Business
Phillip Inman and Graeme Wearden

Demand for government debt shows UK still a haven for investors

United Kingdom Bonds Lucy Powell Bank of England DMO
The Royal Exchange and Bank of England
The auction drew £110bn of bids on £8bn of UK bonds. Photograph: Christopher Thomond/The Guardian

The UK remains among the world’s most attractive destinations for investors seeking a haven after an auction of government bonds was more than 10 times oversubscribed.

Matching a previous record set in June and illustrating the stability of the government’s finances, Britain attracted £110bn of bids on bonds worth £8bn.

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