The defection of Greater Toronto Area MP Michael Ma from the Conservatives to the Liberals late on 11 December leaves PM Mark Carney's gov't just one seat short of an overall majority in the House of Commons. This scenario would have been viewed as improbable following the hung parliament delivered in the April federal election. Ma represents the Markham-Unionville riding, which has flipped between the Liberals and Conservatives in recent electoral cycles.
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The DMO has announced it will be looking to sell GBP4.5bln of the 4.75% Oct-35 Gilt (ISIN: GB00BTXS1K06) at its auction next Wednesday, November 19.
3QM6 96.87c, bought for 13.5 in 2kl.
