MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

#1: 0.25% Jul-31

GILT AUCTION PREVIEW
  • Gilt issuance will kick off this morning with GBP2.75bln of the benchmark 10-year 0.25% Jul-31 gilt on offer.
  • This will be the ninth auction of the gilt since its launch in November, with the previous five auctions having also been for GBP2.75bln.
  • Demand has remained robust with the June auction seeing a bid-to-cover of 2.64x, the lowest since the launch auction, but still very respectable.
  • Each of the last three auctions have also seen tight tails of 0.1bp.
  • We would expect another very strong auction this morning.
  • At the prevailing yield we could see the lowest yield achieved at auction since February.
  • The 0.25% Jul-31 gilt will keep up its monthly issuance pattern with further auctions scheduled for 10 August and 15 September
  • Timing: Results will be available shortly after the auction closes at 10:00BST with a further GBP687.5mln available to successful bidders through the PAOF.
Homepagemarkets-real-timeBulletMarketsFixed 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.