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Money:

Bank of England expected to hold interest rates

Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Demand reaches £10bn for UK January 2045 Gilt, guidance unchanged

Reuters - UK Focus

By Sarka Halas

LONDON, June 24 (IFR) - Investor (Other OTC: IVSBF - news) demand for the United Kingdom's new 30-year benchmark is in excess of £10bn, according to a lead.

Guidance for the 3.5% January 22 2045 Gilt is unchanged at 1bp to 2bp over the 3.25% January 2044s via leads Barclays (LSE: BARC.L - news) , JP Morgan, Lloyds, and RBC Capital Markets.

Pricing will be later today. (Reporting by Sarka Halas, Editing by Helene Durand, Julian Baker)