Free Trial

#2: 1.625% Oct-28

GILT AUCTION PREVIEW

The 1.625% Oct-28 auction will conclude issuance for the week with GBP2.75bln
on offer.

  • This is a smaller size than the GBP3.00bln seen in the last two auctions of
    this gilt in April and May. The first saw a bid-to-cover of 3.45x but a tail of
    0.8bp while the second saw a bid-to-cover of 2.56x and a tail of 0.3bp.
RESULTS: Results will be announced shortly after the auction closes at 11:30BST
with a further GBP687.5mln available to successful bidders via the PAOF.

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.