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Quick look at the proposed auction split......>

GILTS
GILTS: Quick look at the proposed auction split for Sep-Nov vs Apr-Aug.
- Shorts 26% of auctions (36% Apr-Aug)
- Mediums 26% of auctions (26% Apr-Aug)
- Longs 32% of auctions (27% Apr-Aug)
- Linkers 16% of auctions (11% Apr-Aug)
So there is less of a skew towards shorts and increased long and linker issuance
planned.

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