UK opens books on sale of 2068 conventional gilt
LONDON, Oct 28 (Reuters) - Britain opened the books on the syndication of its longest-dated conventional gilt, which matures in 2068, one of the bookrunners on the transaction said on Tuesday.
Investors are being offered the July 2068 bond at a spread ranging from 2.5 basis points to 3 basis points above the 2060 gilt.
Bank of America, HSBC, RBS (LSE: RBS.L - news) and Societe Generale (Paris: FR0000130809 - news) are acting as joint bookrunners for the sale. (Reporting by Andy Bruce; Editing by Alison Williams)