Jiahuang Capital: The attractiveness of British government bonds maturing in March 2033 has decreased before the auction.
According to analysts at Gao Huang Capital Markets, a report before the bond auction stated that the attractiveness of the UK government bonds expiring in March 2033 has decreased at current levels, and these bonds are likely to be issued twice in the April to June quarter. These strategists said that, in terms of relative value, the valuation of the UK government bonds expiring in March 2033 has already declined and is "still at a moderate level," which lacks attractiveness. The UK Debt Management Office is scheduled to auction 3 billion worth of UK government bonds expiring in March 2033 at 10:00 Greenwich Mean Time.
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