Gilts are off slightly, as markets.....>

GILT SUMMARY: Gilts are off slightly, as markets eye the next stage in the

Brexit withdrawal voting process this evening.

- The Mar 19 Gilt future is down 8 ticks at 123.03, having traded in a range of

123.01-123.34 today. The 2-Yr yield is up 1.7bps at 0.789%, 5-Yr is up 1.7bps at

0.924%, 10-Yr is up 1.7bps at 1.282%, and 30-Yr is up 0.7bps at 1.752%.

- Amendments to the government`s bill will probably be selected by Speaker

Bercow by midday. The most watched will be `Cooper-Boles`, which would extend

Article 50 up until end-2019 if PM May`s gov`t fails to make a deal by Feb 26th.

- Also the `Brady` amendment (backed by May), which "requires the [Irish]

backstop to be replaced with alternative arrangements to avoid a hard border".

- Others include the `Malthouse` plan which compromises between the remain/leave

Conservative party factions desires for a smooth transition but a firm EU exit

by end-March.

- The vote is expected around 1900GMT. The Cooper-Boles amendment looks close,

with the Brady amendment unlikely to pass.