UK Sovereign

The UK government announced on Friday that it is planning to sell an offshore renminbi bond, which would make it the first sovereign outside China to do so. A slew of supranational and agency issuers have been drawn to the market this week following favourable moves in the dollar/renminbi basis swap.

This week's scorecard covers the funding progress of selected sovereign issuers. Read on to see which are over the 80% mark.

A long dated conventional bond was the overwhelming choice among Gilt investors for the UK Debt Management Office’s third quarter syndication, the DMO reported after holding consultations with market participants on Monday.

This week's scorecard covers the funding progress of sovereign issuers, with all of the eurozone periphery comfortably ahead in their programmes despite some wobbles in secondaries over the past month.

The narrowing gap over the course of this year between voters who intend to vote for Scottish independence and those who don’t may have been setting Gilt investors’ nerves on edge because of the potential impact of a UK breakup on their holdings. But they can breathe a little easier this week — thanks to an unlikely source.

The UK Debt Management Office raised its largest ever book for an inflation linked syndication on Tuesday when it opened a new 2058 line.

The UK Debt Management Office hired four banks to run an upcoming long-dated linker syndication on Friday. The deal will be the DMO’s second syndication of the financial year, following on from a January 2045 conventional last month that attracted the biggest book on a DMO deal in five years.

This week's scorecard covers the funding progress of sovereign issuers, with all of the eurozone periphery comfortably ahead in their programmes despite some recent wobbles in secondaries.

This week's scorecard covers the funding progress of sovereign issuers, with most issuers moving into the second half of their funding programmes. Next week's scorecard will deal with European supranationals and agencies.

This week’s first-ever Western sovereign sukuk represents a landmark moment in the global expansion of Islamic capital markets that offers significant potential to attract further new names to the product, writes Dan Alderson.

The UK Debt Management Office followed a £5bn 30 year print on Tuesday with the first sukuk from a western sovereign a day later.

The UK Debt Management Office raised £5bn of January 2045 money on Tuesday with a deal that was several times subscribed — despite the potential of an appearance by the governor of the Bank of England before the Treasury Select Committee to induce volatility in sterling bond markets.