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MNI expectations for April to June issuance

GILTS

Following the release of the DMO consultation agenda, MNI expects the following to be sold between April to June:

  • Syndications: One linker in April (MNI expects in W/C 25 April), one conventional in June (MNI expects W/C 13 June or W/C 20 June).
  • Shorts: 3 auctions: One 0.375% Oct-26 auction already announced for 5 April. One auction of the 0.25% Jan-25 and one auction of the 0.50% Jan-29.
  • Mediums (ex green): 2 auctions: 1.00% Jan-32 auction already announced for 12 April, we would look for this to be reopened in June.
  • Medium (green): 1 auction: 0.875% Jul-33 Green Green proposed for 10 May
  • Longs: 2 auctions proposed: MNI looks for at one reopening of the 1.25% Jul-51 alongside either the 0.875% Jan-46, the 0.50% Oct-61 or the 1.125% Oct-73.
  • Linkers: 2 auctions: MNI expects one 0.125% Aug-31 Linker auction. And one reopening of any of the following: 0.125% Mar-39 Linker, 0.125% Mar-51 Linker, 0.125% Nov-56 Linker or 0.125% Mar-73 Linker.

Consultation meetings will be held on Monday 28 March with the gilt calendar due to be released on Tuesday 31 March at 7:30BST.

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