UK DMO shatters records with 2052 syndication
A tap of the UK’s 2052 conventional Gilt this week smashed records as soaring investor demand produced the issuer’s fastest ever bookbuild and tightest long-dated yield print.
Demand was so strong for the Debt Management Offices (DMO) deal that it risked turning the syndication into a bunfight, with the issuer receiving more than £8bn of orders within 15 minutes of opening books.The deal also broke a third record as, for the first time since records ...
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