Gilt issuance methods

B.6  Auctions will remain the Government's primary method of gilt issuance. The Government will continue to use supplementary methods - syndications and mini-tenders - to issue gilts in the remainder of 2011-12. It is anticipated that for 2011-12 as a whole:

  £141.9 billion (79.3 per cent of total issuance) will be issued by pre-announced auctions;

•  £32.7 billion (18.3 per cent of total issuance) will be issued by syndications; and

  £4.3 billion (2.4 per cent of total issuance) will be issued by mini-tenders.