UK Sovereign

The UK Debt Management Office has mandated four banks for its new index-linked Gilt, which is scheduled to launch in the week of 21 November.

The UK Debt Management Office printed a £5bn tap of its 4% January 2060 notes on Tuesday afternoon. The leads, Barclays Capital, Deutsche Bank, Goldman Sachs and RBC, priced the deal at 0.75bp through the UK treasury 4.25% due December 2055.

The UK Debt Management Office has received over £9.5bn of orders for a £5bn tap of its 4% January 2060 Gilt which is set to price on Tuesday afternoon.