- prev revised up from 6.38 bln
- ex-fin intervention GBP +16.505 bln vs +14.95 bln exp
- PSNCR m/m GBP +0.423 bln vs -16.92 bln prev revised down from -16.77 bln
- underlying PSNB GBP 84.0 bln Apr-Nov, 2.2% lower y/y
- cumulative PSNB GBP 70.12 bln ex fin int y/y vs 43.24 bln 2012
Govt borrowing much higher than expected and remains an issue
Gilts reversing earlier gains
GBP still a mixed box of frogs on all the up/down data