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At 7:30BST we will receive the details of.....>

GILTS
GILTS: At 7:30BST we will receive the details of the gilt issuance calendar
covering the GBP180bln issuance to be conducted between May to July. What we are
most interested in within the announcement is how heavy the issuance will be in
favour of building benchmark issues and how much will be taps of non-benchmarks.
Within the remit announcement, the DMO stated that it would launch two issues
per year of key maturities (i.e. 5 year, 10 year, 30 year) so there could be
scope for issuance to be more targeted to benchmark building than has been the
case in April.

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