Free Trial

#2: The 1.25% Nov-32...........>

GILT AUCTION PREVIEW
GILT AUCTION PREVIEW: #2: The 1.25% Nov-32 index-linked gilt will be on offer
for GBP500mln nominal tomorrow, concluding issuance for the week.
- The linker has not been on offer since December 2015 and that has been its
only offering since being an on-the-run linker between 2008-2011. Linker
auctions continue to see decent demand with no index-linked auction seeing a
bid-to-cover below 2x in over a year (and prior to that a bid-to-cover below 2x
had not been seen since April 2017).
RESULTS: Results will be announced shortly after the auction closes at 10:00BST
with a further GBP125mln nominal 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.