BOE APF SALES RESULTS: Majority of sales are of the 4.25% Dec-55 gilt
Jan-27 14:55
Note that the majority of the sales were of the 4.25% Dec-55 gilt (with all gilts sold today having a maturing in excess of 30-years).
There were also very low offers for any gilts in the 20-29 year area. So there was a decent bid-to-cover of 1.98x for the operation as a whole, but all the demand is 30+ year.
EQUITIES: EU Bank put spread
Jan-27 14:52
SX7E (21st Mar) 140/130ps 1x1.5, bought for 0.175 in 18k (18kx27k).