UK DMO to Reopen 0.625% March 2045 Index-Linked Gilt via Syndication

By Miriam Mukuru

The U.K. Debt Management Office plans to reopen the 0.625% March 2045 index-linked gilt through syndication in the week starting July 10, it said on Tuesday.

It will be the third syndication by the DMO in the fiscal year 2023-24, said the DMO, which plans 27 billion pounds ($34.33 billion) in gilt sales through seven syndicated transactions in the FY 2023-24. These include four transactions of approximately GBP18 billion in long conventional gilts and three transactions of approximately GBP9 billion in index-linked gilts, it said.

Write to Miriam Mukuru at [e-mail]

(END) Dow Jones Newswires

06-27-23 0716ET