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New 30-year linker

GILT SYNDICATION
  • The DMO has announced it will launch a new 30-year linker maturing 22 November 2054 in its final syndication of the year in the W/C 11 March.
  • A new 30-year linker is not a surprise as it had been the most favoured in the consultation back in November.
  • MNI had pencilled in a syndication for 12 March previously ahead of this announcement, but now we expect the syndication on Wednesday 13 March as the auction of the 4.625% Jan-34 Gilt has now also been moved from 13 March to Tuesday 12 March.

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