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GILT SYNDICATION: 4.375% Jan-40 gilt: Priced

GILT SYNDICATION
  • Reoffer 93.376 to yield 5.0075%
  • Spread set previously 4.25% Sep-39 gilt +4.00bp (Guidance was +4.00/+4.25bps)
  • Size: GBP8.5bln (MNI had expected GBP5.0-6.5bln)
  • Books closed in excess of GBP119bln (inc JLM interest of £7bn)
  • Expected Settlement Date: 22-January-2025 (T+1)
  • ISIN: GB00BQC82D08
  • Joint Leads: DB (B&D / DM) / JPM / MS / Nomura / RBC CM
  • HR 102% vs UKT 4 1/4% Treasury Gilt 07-Sept-2039 (GB00B3KJDS62)

From market source / DMO

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  • Reoffer 93.376 to yield 5.0075%
  • Spread set previously 4.25% Sep-39 gilt +4.00bp (Guidance was +4.00/+4.25bps)
  • Size: GBP8.5bln (MNI had expected GBP5.0-6.5bln)
  • Books closed in excess of GBP119bln (inc JLM interest of £7bn)
  • Expected Settlement Date: 22-January-2025 (T+1)
  • ISIN: GB00BQC82D08
  • Joint Leads: DB (B&D / DM) / JPM / MS / Nomura / RBC CM
  • HR 102% vs UKT 4 1/4% Treasury Gilt 07-Sept-2039 (GB00B3KJDS62)

From market source / DMO