Following our announcement that the Winterflood Retail Access Platform (WRAP) will enable retail access to new gilt issues in the Financial Times, the news has received further coverage other key media outlets.
On Wednesday 28 February 2024, WRAP will be used by platforms including Hargreaves Lansdown and Interactive Investor for this gilt issue, enabling retail investors to purchase the gilt at the Non-Competitive Auction Price (i.e., the average accepted price for the gilt). This is significant as this the first new gilt issue made available to the retail investment community in this way, and further showcases Winterflood’s commitment to promoting retail investor inclusion across all instruments and markets.
WRAP is an end-to-end distribution platform that connects issuers with retail investors via retail intermediaries.
You can read more of our coverage below:
FTSE 100 Live: ‘PMIs suggest UK Recession May Already Be Over’ Bloomberg, Thursday 22 February 2024
‘UK Retail Traders Get to Buy Gilts at Same Price as Banks’ Bloomberg, Thursday 22 February 2024
‘Gilts opened up to retail investors as Treasury seeks new sources of demand’ City AM, Thursday 22 February 2024
‘Hargreaves Lansdown and Interactive offer investors gilt auctions’ Citywire Investment Trust Advisor, Friday 23 February 2024
‘UK to give retail investors access to newly issued gilts for the first time’ Investment Week, Thursday 22 February 2024
‘Winterflood Securities Give Retail Investors Access to Auctions’ MNI, Thursday 22 February 2024
‘Hargreaves Lansdown opens primary gilt markets to retail investors - is it worth backing government bonds?’ Moneyweek, Thursday 22 February 2024
‘Gilts opened up to retail investors as Treasury seeks new sources of demand’ MSN, Thursday 22 February 2024
‘Retail investors to get access to gilt auctions for first time via platforms’ Proactive Investors,Thursday 22 February 2024
‘Gilts opened up to retail investors as Treasury seeks new sources of demand’ Yahoo Finance UK, Thursday 22 February 2024
If you would like to discuss WRAP or this article in more detail, please contact Andrew Stancliffe, Head of Execution Services at Winterflood Securities Limited.
