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20s Cheaper On 10s20s30s Fly Ahead Of Auction

GILTS

Some light concession for 20s on the 10-/20-/30-Year gilt fly ahead of today’s GBP2.25bn 20-year 4.75% Oct-43 gilt sale. The structure stays within the multi-week range, but this is supportive for demand, all else equal.


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Some light concession for 20s on the 10-/20-/30-Year gilt fly ahead of today’s GBP2.25bn 20-year 4.75% Oct-43 gilt sale. The structure stays within the multi-week range, but this is supportive for demand, all else equal.


Keep reading...Show less