November 20, 2023 14:53 GMT
APF SALES: Only 2 gilts sold, both close to current coupon
- BOE only accepted bids for two gilts today despite a wide range of offers across the medium-bucket: the 20-year 4.50% Dec-42 gilt (and this follows the 20-year 4.75% Oct-43 gilt syndication last week). And the 11-year 4.50% Sep-32 gilt.
- Both of these are closer to current coupon gilts than most of the gilts in the medium bucket.