UK DMO Plans Syndicated Linker For Week Commencing July 26

16th Jul 2010 15:47

LONDON (Dow Jones)--The UK Debt Management Office plans to tap the existing 0.625% 2040 index-linked gilt for a yet-to-be-determined amount during the week commencing July 26, the DMO said Friday. Deutsche Bank AG, Goldman Sachs International, HSBC Holdings PLC and the Royal Bank of Scotland Group PLC have been appointed lead managers for the deal. The DMO plans to issue around GBP26 billion via syndicated offers in 2010-11. Proceeds from the program in the financial year to date total GBP11.8 billion. Further details will be announced in due course. -By Michael Wilson, Dow Jones Newswires; 44 20 7842 9349, [email protected] (END) Dow Jones Newswires July 16, 2010 10:47 ET (14:47 GMT)