News Headline Summary

UK DMO sells GBP 1.1bln in its 0.125% Index Linked 2024 bond with a b/c 2.37, Prev. 2.56 (real yield -0.583%)

Update details:

- The DMO have now finished their scheduled purchases for 2012 with no further auctions planned until January 3rd with the next index-linked supply on January 17th.

Reaction details:

- Despite the lower bid-to-cover than the previous, the 2024 index-linker moved to highs of 108.12, albeit well below Monday's open of 109.79.

Print 10:36, 13 Dec 2012 - Fixed Income - Source: Newswires