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The DMO has released the Minutes of its consultation:
- 15-year syndication: GEMMs generally supported the 15-year syndication but
investors had more mixed views.
- Other syndicaitons: A number of GEMMs preferred only one syndication in
September with most of those preferring a delay preferring a November date.
There was some support for either the 0.50% Oct-61 or a linker.
Investors supported a reopening of the 0.50% Oct-61 in September or October
but only a few mentioned a linker syndication "potentially later in the
- There were little surprises in the candidates for auctions in the period.
More to follow later.