MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

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

1.75% Jul-57 gilt

GILT AUCTION PREVIEW
  • The 1.75% Jul-57 gilt will also be on offer on this morning Tuesday for GBP1.25bln.
  • This is a smaller auction size than the previous two auctions which saw GBP1.50bln on offer. This will be the fourth auction of the gilt so far this fiscal year. The first two of these auctions were very successful with bid-to-covers of 3.13x and 2.47x respectively and tails of 0.2bp. However, the last auction of the gilt saw a bid-to-cover of 1.83x and a wide tail of 1.0bp. Since then, the auction for the 0.625% Oct-50 gilt and 1.625% Oct-54 gilt have also not been the strongest seeing bid-to-covers of 1.78x and 1.74x respectively with tails of 1.2bp and 0.7bp.
  • The 1.75% Jul-57 gilt is due to be sold again in both October and November.
  • RESULTS: Results will be announced shortly after the auction closes at 11:30BST with a further GBP312.5mln available to successful bidders via the PAOF.
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.