Free Trial

#2: Issuance for the week......>

GILT AUCTION PREVIEW: #2: Issuance for the week will round off on Wednesday with
GBP2.00bln of the 30-year benchmark.
- The 1.75% Jan-49 gilt was last auctioned on 16 April in a successful auction
which saw a tight tail of 0.2bp and a bid-to-cover of 2.40x. So far the 1.75%
Jan-49 has been the long-dated gilt that has seen the second highest volume of
BOE purchases since the medium-dated bucket was redefined and QE was restarted
on March 20.
RESULTS: Auction results will be released shortly after the auction closes at
11:30BST with a further GBP500mln available through the PAOF to successful

To read the full story



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.