Free Trial

Uptrend Remains Intact


Near-Term Rate Hikes Pulled Forward


Strong Rally

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

0.125% Nov-36 linker

  • Issuance for the week will kick off for the week this morning with GBP800mln nominal of the 0.125% Nov-36 index-linked gilt on offer.
  • This will be the second auction of the linker this fiscal year, with GBP900mln nominal issued in June. That auction was successful with a bid-to-cover of 2.52x and average real yield of -2.550%.
  • Every index-linked auction since has seen the bid-to-cover exceed 2x and the most recent linker auction was even more successful with the 1.25% Nov-32 linker seeing a bid-to-cover of 3.16x.
  • We expect to see a strong auction again today.
  • RESULTS: Results will be available shortly after the auction closes at 10:00GMT with a further GBP200mln nominal available to successful bidders through the PAOF.
MNI London Bureau | +44 203-865-3820 |
MNI London Bureau | +44 203-865-3820 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.