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GILTS: 4.375% Mar-28 gilts created yesterday for repo cancelled

GILTS
  • The DMO has now cancelled the additional stock totalling GBP118mln of the 4.375% Mar-28 gilt for use in the Standing Repo facility that it created yesterday. The DMO notes that the stock has now been returned.
  • This is a standard operation and is intended to avoid any liquidity squeezes across any individual gilts on the curve.
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  • The DMO has now cancelled the additional stock totalling GBP118mln of the 4.375% Mar-28 gilt for use in the Standing Repo facility that it created yesterday. The DMO notes that the stock has now been returned.
  • This is a standard operation and is intended to avoid any liquidity squeezes across any individual gilts on the curve.