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◆ First of two planned linker syndications for 2026-7 executed swiftly ◆ Earlier book open, quick three hour execution to limit risk ◆ £93bn of Gilts issued off year's £246bn programme since April 1
Sovereign issuer overcomes challenges to revive public dollar presence after half a decade’s silence
Spreads expected to remain ‘well anchored’ in coming weeks despite this week’s blip
◆ Issuer’s first public dollar deal since late 2021 ◆ New five, 10 and 30 year offered simultaneously ◆ Interest from European sovereigns grows for dollars
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Rarity value helps the French agency to price tightly
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Sovereign sails through ‘important test’ as it powers ahead with £242.8bn remit
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Deal came on same day as EU, but leads pointed to health of market after uncertain week
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Ireland debt management office hopes upgrade will bring in new investors
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'Well flagged' EU sale and new green Bund to signpost investor sentiment
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Issuers are warned they now have to pay up as the ECB's 'backstop' is no more