CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

0.625% Jul-35 Syndication Preview

GILTS

The DMO will launch its seventh new gilt issue of the fiscal year today with the 15-year 0.625% Jul-35 gilt to be sold via syndication. Books are due to open at 8:30BST.

  • This will be the fourth syndication of the fiscal year following the GBP12bln 0.375% Oct-30 gilt and GBP7bln 0.50% Oct-61 syndications in May and the GBP9bln 0.625% Oct-50 syndication in June. The 15-year segment of the curve sees perhaps less natural demand than the other maturities and the DMO has generally reduced auction sizes since their peak. For these reasons we suspect that the size of the syndication will be the smallest so far this fiscal year, but we still expect decent demand with a deal size of GBP5-8bln.
  • Joint bookrunners for the deal are BofA Merrill Lynch, Citi, JP Morgan, Lloyds and RBC.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.