Welfare Reform on the Web (January 2008): Pensions - overseas

Pension funds and the evolving market for (ultra) long government bonds

H. Blommestein

Pensions, vol 12, 2007, p.175-184

Demographic projections mean increased demand for ultra-long (30 years and over) bonds. This article, by the Head of Capital Market & Public Debt Management Programmes at the OECD, looks at how governments in OECD countries have responded by issuing more of these bonds, the considerations they take into account and the likely results.