MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

MNI: BANK OF KOREA KEEPS POLICY RATE AT 3.50%: PRESS

Japan May Machine Orders -3.2% M/M

MNI JAPAN MAY CORE MACHINE ORDERS -3.2% M/M; APRIL -2.9%

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

DMO Consultation Results Largely In Line With MNI Expectations

GILTS

Some highlights of DMO's Gilt Market consultation on Aug 23 (the official record was released today):

  • Participants favoured a 10-12Y initial Green issuance in September, with a 20-30Y maturity Green follow-up in October - in line with our expectations.
  • Some advocated a launch of a new 2032 maturity Gilt to become the next 10Y benchmark. As we noted in our Deep Dive, we favour a Jul-32 maturity.
  • Some favoured a new ultra-long linker (2071-74 maturity), others a re-opening of the 2051 linker, and some investors wanted a new 40Y maturity linker. MNI looks for a long-dated linker syndication to be held on 23 November.
  • The issuance calendar for the Oct-Dec period will be published at 7:30BST on 31 August.
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.