Executive Summary:
- The week ahead will see the Bank of England's Monetary Policy Committee meet as well as the launch of the inaugural green gilt.
- The MPC meeting on Thursday is unlikely to see any new policy announcements with a vote of 8-1 in favour of maintaining the status quo (with Saunders likely to vote in favour of an early end to QE once again). The main focus of the meeting is likely to be on whether the majority of members now believe that the necessary conditions for a hike have been met.
- The DMO will come to the market this week to launch the inaugural green gilt. The gilt will have a maturity of 12 years (31 July) and an ISIN of GB00BM8Z2S21.
- We also discuss the data due this week and two stories with a potential for inflationary impacts: the UK's shortage of CO2 and the potential for a number of energy suppliers to go under.
- See the full document for the green gilt syndication preview gilt auction previews for the week ahead, QE tracker and BOE purchase analysis, cash flow matrix and issuance calendar.
Full document PDF:
Why Subscribe to
MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok