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Equity markets slid at the end of January.....>

GILTS
GILTS: Equity markets slid at the end of January and while the data may not
reflect what happened in early February, the UK Pension Protection Fund showed
that defined benefit pension schemes halved their deficits in the month to
Stg51bln. On average, DB schemes were 96.9% funding, above the 93.9% seen at end
December.
- The improvement mostly came courtesy of the rise in Gilt yields, which reduced
liabilities by 3.9%. 

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