November 26, 2024 10:32 GMT
GILT SYNDICATION: 1.25% Nov-54 I/L gilt: Final terms
GILT SYNDICATION
- Spread set: 1.25% Nov-55 (GB00B0CNHZ09) +4.00bps (guidance was +4.00/+4.25 bps)
- Tap Size: GBP4.25bln (currently GBP£8.5bln o/s).
- MNI expected GBP4.0-4.5bln transaction, so this is the middle of our expected range.
- Books closed in excess of GBP65bln (inc GBP4.25bln JLM interest) - similar level to July tap.
- Expected Settlement Date: 27-Nov-2024 (T+1)
- ISIN: GB00BPSNBG80
- Joint Leads: Barclays, BofA Securities (B&D/DM), Citi and NWM
- Timing: Books closed. Allocations and pricing to follow
From market source
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