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DMO consultation highlights (2/2)

GILTS
  • Mediums (ex green): 2 auctions: 1.00% Jan-32 auction already announced for 12 April, unanimous support for this to be reopened in June, with some investors preferring it to be auctioned three times in the quarter
  • Medium (green): 1 auction: 0.875% Jul-33 Green Green proposed for 10 May and generally supported although some investors prefer the 1.50% Jul-53 Green gilt to be reopened rather than the 0.875% Jul-33 Green Gilt (with the extra 1.00% Jan-32 auction).
  • Longs: 2 auctions proposed: One reopening of each of the 1.25% Jul-51 and the 1.125% Jan-39 gilt were almost unanimously supported.
  • Linkers: 2 auctions: MNI expects one 0.125% Aug-31 Linker auction, supported widely. There was also wide support for the 0.125% Mar-39 Linker, with some calls for the 0.125% Mar-51 Linker.

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