Asset management institutions: Although British bonds have risks, they are more "attractive" than German and French bonds.

The latest issuance of the 10-year UK government bond has attracted a large number of subscriptions, with the potential to raise a record 14 billion. According to insiders, the bonds, which will mature in October 2035, received over 140 billion in bids, with a subscription rate of over 10 times. The bond was eventually priced 8.25 basis points higher than the benchmark rate, at the lower end of the guided range, with a coupon rate of 4.75%. Vanguard, the asset management company, stated that they have established a significant position in this bond issuance. Alis Courtney, international rates director, mentioned that despite concerns about the UK's fiscal situation and recent political developments, the orders for the new 10-year government bond today have exceeded 10 times. Compared to Germany and France, which also face fiscal concerns, UK bonds are currently more attractive.