UK borrowing to reach at least £385bn by end of November

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UK borrowing to reach at least £385bn by end of November

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The UK Debt Management Office outlined its borrowing plan for the period of September through to the end of November on Thursday, announcing that it plans to issue a minimum of two syndicated Gilts and 38 auctions during the period as its funding needs soar to unprecedented levels as a result of the coronavirus pandemic.

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