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Commentary & Deal Flow

MANDATE: United Kingdom Debt Management Office £ bmk 12yr IL Gilt Re-opening

IGC European Market: Deal Flow - SSA

The United Kingdom Debt Management Office (DMO) has mandated Barclays, BNP Paribas, NatWest and Nomura as Joint Bookrunners for an upcoming transaction.

All other wholesale Gilt-edged Market Makers (GEMMs) are being invited to be Co-Lead Managers.

A benchmark re-opening of the 1 3/4% Index-linked Treasury Gilt 2038 is expected to be sold by subscription in the week commencing 13-Jul-26, subject to demand and market conditions.

Further details of this transaction will be announced in due course.