Advertisement
UK markets close in 2 hours 34 minutes
  • FTSE 100

    8,078.35
    +37.97 (+0.47%)
     
  • FTSE 250

    19,688.99
    -30.38 (-0.15%)
     
  • AIM

    755.27
    +0.58 (+0.08%)
     
  • GBP/EUR

    1.1664
    +0.0019 (+0.16%)
     
  • GBP/USD

    1.2471
    +0.0008 (+0.06%)
     
  • Bitcoin GBP

    50,790.25
    -2,488.57 (-4.67%)
     
  • CMC Crypto 200

    1,359.87
    -22.70 (-1.64%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.84
    +0.03 (+0.04%)
     
  • GOLD FUTURES

    2,339.70
    +1.30 (+0.06%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,930.54
    -158.16 (-0.87%)
     
  • CAC 40

    7,996.11
    -95.75 (-1.18%)
     

Barclays 15yr tightened 10bp, tap still G+145 area

By Julian Baker

LONDON, Jan 8 (IFR) -

* 15yr guidance at G+175 area, Jan 2024 tap unchanged from IPTs at G+145 area on GBP300m+ book. Books subject at 2pm. Tap (Shenzhen: 002826.SZ - news) is immediately fungible. Barc is B&D. (1:06pm)

* 15yr benchmark at UKT4.25% Jun 2032 +185 area IPTs, Jan 2024 tap at UKT2.75% Sep (Shanghai: 600021.SS - news) 2024 +145 area. Pricing today. Due 17 Jan 2033 and 17 Jan 2024, pay 17 Jan. 15yr is SEC (Shanghai: 603988.SS - news) registered, NYSE listing, 100k/1k denoms. Tap is off DIP, Reg S registered, London listing, 100k/1k denoms. Both have MWC. (9:10am)

Barclays PLC (LSE: BARC.L - news) (holdco) has mandated Barclays as bookrunner for a dual-tranche sterling holdco transaction, which will consist of a new 15yr benchmark and a tap of its GBP950m 3.125% January 2024. MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID (Oslo: KID.OL - news) ) has been prepared as not available to retail in EEA. (9:10am)