Debt securities up for sale in England.
In simpler terms; we're short on cash, let's fix up short term liquidity problem by selling off to interested financial market participants.
The upside, for buyers - government securities (as such) are good on their stock (wouldn't expect pension funds to ever faulter).
And so, negotiations is what I'd see the devil in the detail with current market predicament:
> market offering? rates? structure? what yields & forecasts might look like in correlation to trajectories & expectations etc.
They aren't exactly desperate (relatively - where margin calls are concerned) to selling off irrationally with all these factors not longterm constants, taking into account precedence with favorable market environment globally.
#EuroMarket #PoundSterling #Brexit #BearMarket > MacMungy Intellectual
