Debt Management Office to sell debt by tender on April 1 to help fund stimulus push
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LONDON (Reuters) - Britain's Debt Management Office said on Friday it would hold an additional sale of government bonds on April 1 as the government seeks to raise cash to fund its stimulus measures to soften the economic hit of the coronavirus spread."The tender will be conducted on a multiple price basis, with no non-competitive allowances or Post Auction Option Facility," the DMO said. "However, the size will be comparable to a gilt auction."The DMO said it was seeking feedback on which gilt..