November 04, 2024 15:44 GMT
UK DMO UPDATE: Auctions: Mediums (4 auctions)
UK DMO UPDATE
- 4.25% Jul-34 gilt: DMO notes final reopening. Given the syndication in February, this auction will almost certainly be at a January auction (15/29 January).
- 0.875% Jul-33 green gilt: One reopening penciled in by the DMO. We had largely expected this, but it wasn't certain.
- 4.375% Jan-40 gilt: No specific mention of this gilt. We expect 1-2 auctions of the long 15-year gilt that was launched via syndication in September and is yet to be reopened via auction.
- There is no mention of any other 10-year gilt reopening at auction - and given the last medium auction of the year is 11 March it would be quite close to the medium syndication that is in February.
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