LONDON (Reuters) - Britain has opened the books on the sale via syndication of its longest-dated inflation-linked bond, the 0.125 percent 2068 gilt, one of the bookrunners on the transaction said on Tuesday.
Investors are being offered the March 2068 bond <GBIL0E68=> at a spread ranging from 1.75 basis points to 1.25 basis points below the 0.375 percent 2062 linker.
Barclays (L:BARC), Deutsche Bank (DE:DBKGn), Goldman Sachs (N:GS) and Nomura (T:8604) are acting as joint bookrunners for the sale.