Bank of Canada: UK government bonds fall to historic lows, Tuesday's auction may attract strong demand

Jinshi data news on November 19th, analysts of Royal Bank of Canada’s Capital Market stated in a report that the trading price of UK government bonds expiring in January 2038 fell to a historical low on Monday, so the auction of the bonds on Tuesday may attract strong demand. Tuesday’s auction is likely to be the last issuance of the bonds, which should also boost demand. Analysts said, “Given that this is the last issuance of the bonds, we expect the demand for this auction to be relatively strong.”