<ul><li>Corporate bond auctions will commence from the week starting 19 September</li><li style=““ class=“text-align-justify“>Only bonds that mature on or after 6 April 2024 will be eligible for sale via the first instance</li><li style=““ class=“text-align-justify“>Nominal value of bonds eligible for sale via auctions is currently £13 billion</li><li style=““ class=“text-align-justify“>The pace of auction sales will be gradual and responsive to prevailing market conditions</li></ul><p style=““ class=“text-align-justify“>Some added details are that the auctions will typically be held twice a week, on Tuesday and Wednesday from 1100 to 1130 London time. And the average pace of sales during the auctions should be around £200 million per week.</p>

This article was written by Justin Low at www.forexlive.com.