Gilts trade cheaply after a recent drop in prices and this could attract demand for the March 2037 green gilt during its auction due at 0900 GMT, RBC Capital Markets strategists say in a note. The March 2037 green gilt was launched through syndication on March 10. The green bond is less likely to be tapped again at least for the next three months, the strategists say. The earliest possible re-opening of the March 2037 green gilt is October, they say. (miriam.mukuru@wsj.com)
Dow Jones Newswires
March 2037 Green Gilt Auction Likely to See Demand Due to Gilt's Attractive Price — Market Talk
Gilts trade cheaply after a recent drop in prices and this could attract demand for the March 2037 green gilt during its auction due at 0900 GMT, RBC Capital Markets strategists say in a note. The March 2037 green gilt was launched through syndication on March 10. The green bond is less likely to b…