UK Covid-19 Gilt auctions
April 6, 2020
Econoday can help you monitor important Sovereign Debt Events.
Last week there was an exceptional revision to the UK gilt issuance plans due to the UK fiscal stimulus in response to the Covid-19 pandemic. Econoday tracks these updates in our Sovereign Debt Calendar. The revised calendar is designed to raise £45 billion in total through gilt sales over the course of the month, principally through the sale of conventional gilts and in maturities across the curve. Extra auctions have been added and the usual auction times and post-auction option facility times have been changed to enable holding two auctions on the same day. The percentage of allotments at post-auctions was raised from 15% to 25%.
Let Econoday track Sovereign Debt Auctions, so you don’t have to.