MNI BRIEF: BOJ: H’hold 5-Yr Inflation At 5% On Higher Prices

MNI BRIEF: China Steel Export Growth Slows In June

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1315 Fri; -1.12% Y/Y

Services Still Sticky As Spain HICP Revised A Tenth Higher

MNI: SPAIN JUN HICP +0.4% M/M, +3.6% Y/Y

MNI: FRANCE JUN HICP +0.2% M/M, +2.5% Y/Y

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

#1: The 2.75% Sep-24 gilt......>

GILT AUCTION PREVIEW
GILT AUCTION PREVIEW: #1: The 2.75% Sep-24 gilt will be on offer for GBP3.25bln
this morning.
- This is a slightly larger auction than its offering in April of GBP3.00bln
which saw a tail of 0.3bp, yield of 0.103% and bid-to-cover of 2.79x. The
majority of the PAOF was also taken up. The gilt is currently ineligible for the
Bank of England's PAOF facility as it has exceeded the free float limits but
will be eligible once again after this auction. We note that despite most
short-dated gilt auctions having been very successful recently, the gilt closest
in maturity to the 2.75% Sep-24 (i.e. the 1.00% Apr-24) saw a relatively wide
tail of 0.6bp at its auction two weeks prior to this.
RESULTS: Auction results will be released shortly after the auction closes at
10:00BST with a further GBP812.5mln nominal available through the PAOF to
successful bidders.
MarketsFixed Income Bullets
MarketsFixed 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.