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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Today will see the.............>
GILT AUCTION PREVIEW: Today will see the syndication of the 0.125% Aug-41
linker.
- We expect a nominal Stg2,500mln to be issued, which would raise just around
Stg4,100mln in cash terms. There is a chance that the deal could be upsized,
subject to demand, to Stg2,750mln which would bring in cash proceeds of around
Stg4,500mln. If this was the case, we would expect around Stg500mln to be moved
from the DMO's unallocated issuance bucket to the linker syndication bucket in
order to keep the expected size for the final linker syndication of the year at
Stg4,000mln.
- The joint bookrunners for the deal will be Goldman Sachs, JP Morgan, Nomura
and UBS.
- For full details on UK issuance see the MNI Gilt Issuance, Redemption and Cash
Flow Matrix: https://emedia.marketnews.com/marketnewsintl/UKCFM040719.pdf
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.