UK Sovereign

The UK Debt Management Office has chosen the tenor for the first syndication of its 2019/20 financial year, which is expected to come in the week commencing May 13.

The UK Debt Management Office has mandated four banks for the first Gilt syndication of its 2019/2020 financial year.

The Bank of England will publish the minutes of its policy meeting on Thursday, with investors and bank analysts aligned in thinking that a Brexit extension will see a small but noticeable move towards more hawkish language from the bank.

An SSA/EM origination banker at Barclays resigned from the bank on Tuesday.

MUFG has relocated 21 staff to Paris, including all its European DCM origination bankers, all its sales people who cover European investors and an MTN banker.

FTSE Russell is reviewing China for a potential upgrade under its framework for index eligibility, opening the door for onshore bonds’ inclusion in the FTSE World Government Bond Index (WGBI).

Credit Suisse has hired a banker from NatWest Markets for its European financial institutions syndicate team.

Tim Throsby, CEO of Barclays International and Barclays Bank, has quit the company, as it reorganises its corporate and investment bank.

Find out how far European sovereigns have progressed in their 2019 plans as the first quarter draws to a close.

SSA sterling issuance was muted this week, with only the Inter-American Development Bank bringing a small deal, as the Bank of England's Monetary Policy Committee (MPC) met.

Technical support for the sterling bond market still remained strong, investors said this week, as the UK’s Debt Management Office starts to shape up its multi-billion sterling issuance schedule.

Investors and market makers have told the UK’s Debt Management Office (DMO) to bring a syndicated bond in May, but there are mixed views on what maturity the issuer should target.