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United Kingdom Plans to Issue More Treasury Bonds to Attract Issuers of Stablecoins
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In view of the demand that these products are seeing among issuers of stablecoins both inside and outside the United Kingdom, the Bank of England plans to increase the issuance of these products to receive more financing from stakeholders. *** London seeks to diversify the base of short-term debt investors with support from the DMO. The growing demand from issuers of stablecoins pressures the current capacity of the T-bills market. The Bank of E…
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