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GILT SYNDICATION: New 4.375% Jan-40 Gilt Syndication: Final Terms

GILT SYNDICATION
  • Size: GBP8bln (Orderbook closed in excess of £110bn (including JLM interest of £5.5bn))
  • Final Spread: UKT 4 1/4% Treasury Gilt 07-Sept-2039 +4 bps (guidance was +4/+4.5 bps)
  • Maturity: 31-January-2040
  • Expected Settlement Date: 04-September-2024 (T+1)
  • Coupon: 4.375% SA, ACT/ACT, short 1st to 31-Jan-2025
  • Benchmark: UKT 4 1/4% Treasury Gilt 07-Sept-2039 (GB00B3KJDS62)
  • ISIN: GB00BQC82D08
  • Joint Leads: BofA / Goldman Sachs International Bank / HSBC (DM/B&D) / LLOYDS / Santander
  • Timing: Books closed. Allocations and pricing later on today

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