Free Trial

UK's Debt Management Office have released.....>

GILTS
GILTS: UK's Debt Management Office have released minutes of Aug 21 GEMMs
meeting:
* Most GEMMs recommended new 30-yr IL Gilt to be launched via syndicated deal in
Nov, while a few called for a re-opening of the 2056 IL Gilt.
* Near unanimous calls for 3 re-openings of 0.75% 2023 Gilt
* All GEMMS recommended 2 re-openings of 1.25% 2027 Gilt
* Re-openings of 1.75% 2037 and 1.50% 2047 Gilts were most often recommended
with general preference for the former to be issued in Oct and the later in Dec.
Also a number of calls for 1.75% 2057 Gilt re-opening, DMO says.
* While a couple of attendees suggested more long supply via auctions could be
scheduled to meet anticipated seasonal and structural demand.  

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.