MNI BRIEF: Aussie Labour Market Tightens, Unemployment At 3.9%

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

0.25% Jan-25

GILT AUCTION PREVIEW
  • The DMO will come to the market twice this week, kicking off issuance this morning with GBP3.5bln of the 3-year 0.25% Jan-25 gilt on offer.
  • This will be the eighth auction of the gilt, with bid-to-covers ranging from 1.91-2.34x and tails ranging from 0.1-2.5bp.
  • After a couple of weak auctions in March and June, the July auction was stronger with a bid-to-cover of 2.53x and tail of 0.5bp.
  • With markets focused on a potential large increase in gilt supply after Liz Truss won the Conservative leadership vote to be the next Prime Minister, this auction will be the first test of continued demand.
  • The 0.25% Jan-25 gilt will be offered again via auction on 6 December.
  • Timing: Results will be available shortly after the auction closes 10:00BST with a further GBP875mln available to successful bidders through the PAOF.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.