Reaction details (10:45)
- 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.
Analysis details (11:08)
- 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.
13 Dec 2012 - 10:36 - - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: