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Syndicate appointed for 1.125% Oct-73 gilt

GILT SYNDICATION

The DMO has appointed the syndicate for the 1.125% Oct-73 gilt transaction scheduled for W/C 20 June.

  • Joint Bookrunners: Lloyds Bank Corporate Markets, Morgan Stanley, NatWest Markets, RBC CM and Santander.
  • Based on current market pricing, MNI pencils in a nominal transaction size of GBP6.5bln (around GBP4.6bln in cash terms), with the transaction likely in a GBP6.0-7.5bln range.

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