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Morgan Stanley Look For Small Contraction In Gilts

GILTS

At month-end Morgan Stanley expect “the 1y+ Gilt index to contract marginally by 0.011y, compared to an average July extension of 0.122y and an average monthly extension of 0.072y. A total of about £19.4 billion of issuance will affect the extension and there are no bonds falling out of the index.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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