UK DMO Remit: 2026/27 Gilt issuance of GBP 252.1bln (exp. c. 250bln, prev. 303.7bln)

Breakdown (GBP):

  • T-bill: 5bln (prev. 11bln)
  • Short: 97.3bln
  • Medium: 57.8bln 
  • Long: 8bln (exp. 20bln, FY25/26 was 31.3bln)
  • I/L: 16.5bln 
Context

The UK DMO's announcement of a 2026/27 gilt issuance of GBP 252.1 billion is slightly above expectations but significantly lower than the previous year's issuance. This suggests a tightening in the supply of gilts, which may exert upward pressure on gilt prices, impacting UK interest rates and potentially influencing broader fixed income and FX markets, particularly in relation to USD rates.

Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard
#UNITED STATES#USD#UNITED KINGDOM#UK DMO#IMPORTANT#FOREX#FIXED INCOME#EU SESSION#US SESSION#FEDERAL RESERVE#CENTRAL BANK#GILTS#T-BILL#DXY#GLOBAL NEWS
Published: Updated: