June 24, 2014 / 9:01 AM / 6 years ago

UK DMO sets spread on January 2045 gilt, books at £14bn

LONDON, June 24 (IFR) - The UK DMO has set the spread on its January 2045 bond at 1bp over the 3.25% January 2044 bond, according to a lead.

This is at the tight end of guidance released earlier Tuesday morning at 1bp to 2bp over the corresponding Gilt.

Books on the deal are at £14bn. (Reporting by Sarka Halas, editing by Anil Mayre)

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