MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1315 FRI VS 7.1285

MNI BRIEF: Fed's Bowman Wants A More Effective Discount Window

MNI BRIEF: Fed Risks Soft Landing If It Doesn’t Cut - Goolsbee

Japan Jun Core CPI +2.6% Y/Y; Energy Price Up

MNI BRIEF: Japan June Core CPI Rises 2.6% Vs. May +2.5%

CLARIFY: JAPAN JUNE SERVICES PRICES +1.7% Y/Y; MAY +1.6%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Operations calendar: FQ3: Oct-Dec (1/3)

GILTS

Syndication

  • 1.50% Jul-53 green gilt: To be held the W/C 19 September (as MNI expected). Based on current market pricing we pencil in a nominal transaction size of GBP5.5bln (just under GBP4.0bln in cash terms), with the transaction likely in a GBP5.0-6.0bln range.
  • Linker syndication in second half of November: No new details really available for this other than it will be an existing of new long or ultra-long index-linked gilt. In the consultation, GEMMs suggested reopening 2039 or 2073 or new linkers in the 20/30-year areas. Investors discussed 2073 or a shorter, more index-neutral maturity e.g. 2039 or 2051. Both GEMMs and investors noted that it was too early to be too specific on the maturity yet. With the syndication penciled in for the second half of November, MNI expects the syndication to take place in either W/C 21 November or W/C 28 November.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.