Wednesday, April 25, 2007

Network Rail Sets Up Program to Sell Inflation-Linked Bonds in Pounds

(Bloomberg) -- Network Rail, the government backed owner of Britain's railways, has set up a program to sell inflation-linked bonds in pounds.

The company intends to sell two or three benchmark bonds with maturities between 15 and 45 years, according to a statement released by the Regulatory News Service. Network Rail intends to sell its first so-called index-linked bonds maturing in November 2037 from the program in the week of April 30, according to the statement.


Read more at Bloomberg Bonds News

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