Free Trial

Strong 3-year launch

GILT AUCTION RESULTS
  • That was a strong launch of the new long 3-year 3.75% Mar-27 gilt with a tight tail of 0.2bp.
  • We had expected a wider tail in line with short-dated gilt auctions seen in Q4-23 but this surprised us positively.
  • The price of the 3.75% Mar-27 gilt moved above the non-competitive average price on the results while gilt futures equaled their high of the day post-results at 100.59.

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.