UK to launch new 15-year bond via syndication in mid-October

Britain will launch a new government bond maturing in January 2041 via a syndication in the week starting October 13, the United Kingdom Debt Management Office said on Friday.

The DMO named Barclays, BofA securities, Deutsche Bank, Morgan Stanley and RBC CM as joint bookrunners for the syndicated gilt sale, adding that further details, including the coupon on the new gilt, would be announced in due course.