Morgan Stanley writes that the UK should target a doubling of gov't bill issuance over a five year horizon, to increase flexibility, meet demand, reduce funding costs and reduce the weighted-average maturity of debt stock

Morgan Stanley's recommendation for the UK to double government bill issuance over the next five years suggests a strategic shift aimed at enhancing flexibility and reducing funding costs.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

UK regulator CMA to investigate the completed acquisitions by Welltower (WELL) of multiple care homes managed by Barchester, HC-One, Aria Care and Danforth Care

Samsung Electronics (005930 KS) is reportedly reconsidering advanced packaging (AVP) investment, HankYung reports

Morgan Stanley writes that the UK should target a doubling of gov't bill issuance over a five year horizon, to increase flexibility, meet demand, reduce funding costs and reduce the weighted-average maturity of debt stock

JPMorgan downgrades EM FX to Market Weight from Overweight, justified by short-term positioning being overbought

Tencent (0700 HK), Fidelity and Temasek are reportedly looking to invest in the IPO of Busy Ming, Bloomberg reports citing sources

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • i.e. additional issuance of as much as GBP 20bln/yr and a roughly similar reduction in Gilt sales.
Context

This move could influence the overall debt maturity profile and impact the yield curve as additional issuance may put downward pressure on longer-term rates while providing a liquidity boost in the short term.

Related headlines

The whole workspace, free to try.

Try it free