Free Trial

MNI UK Issuance Deep Dive: Budget 2024 Review

UK
  • Chancellor of the Exchequer Jeremy Hunt’s Budget statement on Wednesday saw little in the way of surprises in terms of the measures announced but there were surprises in terms of the syndication breakdown.
  • We summarise the measures that were introduced along with estimates of the costings.
  • We outline our expectations for which gilts will be sold across FY24/25 and the wider fiscal year and include a calendar of auction dates including our expectation of syndication dates.
  • We also discuss the potential new gilts that could be sold through the fiscal year - with particular focus on the gilts under consideration for syndicated sales.
  • Finally, we analyse the political implications of the Budget.
For the full document see:

UK_Budget_Review_2024_03.pdf

To read the full story

Close

Why 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.