U.K. DMO to Launch a New July 2054 Gilt via Syndication in Week Starting Jan. 22
10 January 2024 - 10:53PM
Dow Jones News
By Miriam Mukuru
The U.K. Debt Management Office plans to launch a new July 2054
gilt through syndication in the week starting Jan. 22, subject to
demand and market conditions, it said Wednesday.
This will be the sixth syndication by the DMO in fiscal 2024.
The DMO plans to schedule two syndications between January and
March 2024: a new long conventional gilt maturing in the 30-year
area in the week starting Jan. 22, and an index-linked gilt in
March 2024 (with the timing of both transactions subject to demand
and market conditions), it said.
The DMO has raised GBP24.5 billion through the previous five
syndications in fiscal 2024.
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
January 10, 2024 06:38 ET (11:38 GMT)
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