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DMO FQ4 Operations: Shorts

GILTS
  • There are 7 remaining short auctions (1 already announced, 6 in FQ4).
  • New 3-year gilt: To mature 7 March 2027 with 3 auctions in the quarter (MNI had expected 2-3): 10 January, 7 February, 6 March.
  • 4.50% Jun-28 gilt: 3 reopenings in the quarter of the short 5-year gilt that was launched in June (in line with MNI's expectation). Auctions on 12 December (previously announced), 24 January, 21 February, 19 March.

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