UK DMO Hires Banks For Syndicated Conventional Gilt

11th Jun 2010 15:47

LONDON (Dow Jones)--The U.K. Debt Management Office said Friday that it has appointed Barclays Capital, Morgan Stanley, Nomura International PLC and RBC Capital Markets as joint bookrunners on the syndicated conventional gilt sale planned of the second half of June. The deal will have a maturity in the area of 30 years. All other conventional gilt-edged market makers have been invited to be co-lead managers. The DMO financing remit for 2010-11 includes the provision for up to 10 syndicated offerings to raise GBP29.2 billion, as part of an overall gilt sales target of GBP185.2 billion. -By Mark Brown, Dow Jones Newswires; + 44 (0)207 842 9485; [email protected] (END) Dow Jones Newswires June 11, 2010 10:47 ET (14:47 GMT)