January 21, 2025 12:03 GMT
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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