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December finalised issuance calendar to be released at 7:30GMT

GILTS
  • Just a reminder that the DMO will release its finalised gilt issuance calendar for December at 7:30GMT.
  • The main question mark is over which of the 1.25% Oct-41 or the 1.75% Sep-37 gilts will be chosen for auction on 1 December, with all other gilts likely to remain in line with the provisional calendar the DMO published earlier this week.
  • Note that the DMO will publish the consultation agenda and provisional calendar for Jan-Mar alongside its updated remit at 15:30GMT on 25 November. This will follow on from the Chancellor's Spending Review and the OBR's updated forecasts that are due the same day.
  • The provisional December calendar is below:

    DateTimeGilt to be auctioned
    01-Dec10:000.125% Jan-26
    01-Dec11:301.25% Oct-41 or 1.75% Sep-37
    02-Dec10:000.125% Aug-28 Linker (moved from 25 Nov)
    02-Dec11:300.25% Jul-31
    08-Dec10:000.125% Jan-24
    08-Dec11:300.625% Oct-50
    09-Dec10:000.625% Jul-35

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