Bloomberg News

Liffe Reinstates March 2012 Long Gilt Future With 4% Coupon

October 14, 2011

Oct. 14 (Bloomberg) -- The London International Financial Futures & Options Exchange will reinstate the March 2012 delivery month of the long gilt futures contract with a 4 percent notional coupon, it said in a statement late yesterday.

The notional coupon was revised down from 6 percent after the Bank of England expanded its bond-purchase program last week, prompting the Oct. 7 suspension of the March 2012 and June 2012 delivery months on the contract.

No changes will be made to the December 2011 contract, the statement said.

--Editors: Mark McCord, Nicholas Reynolds

To contact the reporter on this story: Garth Theunissen in London gtheunissen@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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