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0.625% Mar-45 linker: Allocations

GILT SYNDICATION
  • Tap size fixed at GBP3.5bln (nominal), taking total outstanding to GBP8bln
  • Hedge Deadline 12:10UK
  • Hedge Ratio 73% vs UKTI 0.125% 22-Mar-44 (ISIN: GB00B7RN0G65)
  • Joint Leads: Barclays / Citi (DM/B&D) / Lloyds / NWM
  • Pricing later today
  • Books closed in excess of GBP39bln (including JLM interest of GBP3.375bln)
  • Spread set earlier at 0.125% Mar-44 linker +4.0bp (guidance was +4.0/+4.5bps)
  • Settlement Date: Expected 14-Jul-2023 (T+1)
  • ISIN: GB00BMF9LH90
  • From Market Source

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