Gilts have opened Wednesday a bit......>

GILT SUMMARY: Gilts have opened Wednesday a bit stronger, with the Sep8 future

up 8 ticks at 123.09.

- The curve has bull flattened a little, with 2-Yr yields down 0.1bps at 0.733%,

5-Yr down 0.1bps at 1.037%, and 10-Yr down 0.8bps at 1.444%.

- Short Sterling futures are a little weaker, with White through Red contracts

off one tick.

- A Bloomberg article this morning suggested that people familiar with Brexit

matters have noted that British & EU officials now see mid-Nov as the new deal

deadline, similar to recent reports made in the Telegraph.

- DMO on Tuesday afternoon announced Stg3.0bln size for the 1.0% Apr-24 Gilt

re-open on 6 Sep. 

- Light data calendar the rest of the week: Thursday sees BoE net consumer

lending & M4 money supply, Friday sees DMO announces Oct-Dec Gilt Issuance

calendar.