MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Consultation Minutes (1/3)

GILTS

The DMO has released the Minutes of its consultation with GEMMs and investors. Highlights are below.

Syndications:

  • Linker (1st half of July): GEMMs preferred a reopening of the 2045, there were some calls for the launch of a new 30-year linker or a reopening of the 2051 linker. Investors who expressed preferences on the maturity supported the 2045 but some preferred postponing the transaction to September or later in the fiscal year.
  • Long (1st half of September): Investors preferred a reopening of the 4.00% Oct-63 gilt while GEMMs favoured either a new 2043 gilt, the 4.00% Oct-63 gilt or the 1.125% Oct-73 gilt. Both investors and GEMMs noted that they preferred to wait until closer to the syndication date to see market conditions and demand nearer to the time.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.