Societe Generale To Become UK Gilt Primary Dealer

LONDON (Dow Jones)--French bank Societe Generale SA will become a primary dealer of U.K. government bonds, known as gilts, from September 1, 2010, the bank said Monday. Societe Generale will now participate directly in gilt auctions and take an active role in the issuance, distribution and marketing of U.K. government debt. Existing market making banks are: Barclays Capital, BNP Paribas SA, Citigroup Inc., Credit Suisse Grouip Inc., Deutsche Bank AG, Goldman Sachs International Ltd. HSBC Bank PLC, Jefferies International, JPMorgan Chase & Co., Bank of America Merrill Lynch, Morgan Stanley, Nomura International, the Royal Bank of Canada, the Royal Bank of Scotland PLC, Toronto Dominion Bank and Winterflood Securities. -By Michael Wilson, Dow Jones Newswires; 44 20 7842 9349, michael.wilson@dowjones.com (END) Dow Jones Newswires August 02, 2010 11:21 ET (15:21 GMT)