UK Sovereign Sets Bond Demand Record as Yield Hunters Pile In

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Bond investors are piling into debt sales from the UK sovereign to lender Mitsubishi UFJ Financial Group Inc, lured by attractive yields that could soon fall back if the Middle East war comes to an end.The UK is raising a record £15 billionBloomberg Terminal ($20.3 billion) from a 2036 gilt syndication that’s also drawn £148 billion of investor orders, the most ever, according to data compiled by Bloomberg. MUFG’s €500 million ($589 million) sale of eight-year debt has drawn orders for more than six times the deal sizeBloomberg Terminal, according to separate people with knowledge of both deals.