UK government sells bonds with negative yield for first time ever

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The UK sold gilts with a negative yield for the first time in history on Wednesday, meaning investors paid for the privilege of borrowing from the UK government.

The three year bond raising £3.75 billion was sold with a yield of -0.003%.

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Source Article from https://www.standard.co.uk/business/uk-government-sells-bonds-with-negative-yield-for-first-time-ever-a4445881.html

May 20, 2020 |
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