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UK Sells GBP1.5 Billion in November 2033 Index-Linked Gilt

By Miriam Mukuru

 

The U.K's Debt Management Agency sold 1.5 billion pounds ($1.87 billion) in November 2033 dated index-linked gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on Feb. 13.

Issue              0.75% November 22 2033 Index-linked gilt 
Amount on offer    1.5  bln 
Bids received      5.1  bln 
Bids accepted      1.5  bln 
Bid-to-cover ratio 3.40   (2.97) 
Real yield         0.440% (0.634%) 
Price              102.91 (101.10) 
Settlement date    April 17, 2024 

Write to Miriam Mukuru at miriam.mukuru@wsj.com

 

(END) Dow Jones Newswires

April 16, 2024 05:26 ET (09:26 GMT)

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