UK rides out new coronavirus fears to take £49bn book

sterling_Adobe_575x375_15April2020
By Burhan Khadbai
22 Sep 2020

The UK rode out renewed fears of the resurgent coronavirus pandemic on Tuesday, printing its second syndicated deal of the month with an order book over seven times covered.

Leads Barclays, Goldman Sachs, Morgan Stanley and NatWest Markets ram the books on the re-opening of the UK’s October 2061 conventional line, offering price guidance of minus 0.25bp to minus 0.5bp over the January 2050 Gilt.

The deal was later launched with a size of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial