Friday 16th July 1982
Conrad Adenaur Foundation meeting at Cons Central Office on Unemployment
Sold IG’s [Indexed Gilts] - IG
Tranchettes - 1992 - ½ gone
- 1990 - ¼ gone
- 1984 - ¼ gone
- 1998 - none
Selling stock on long position
Low coupon shorts were now looking dear rel to IG - Demd for ’88’s small
Big Demd for 2011
<£100m - less than that morning
US money supply $5.9 Bn less than forecast
[17-18 July entries blank]