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U.K. Sells GBP600 Million in March 2073 Index-Linked Gilt

By Miriam Mukuru

 

The U.K's Debt Management Agency sold 600 million pounds ($753 million) in March 2073 dated index-linked gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in GBP. The bond was last reopened via syndication on Nov. 22, 2022.

Issue              0.125% March 22, 2073 Index-linked gilt 
Amount on offer    600   mln 
Bids received      1.97  bln 
Bids accepted      600   mln 
Bid-to-cover ratio 3.29 
Real yield         0.994% 
Price              66.42 
Settlement date    May 15, 2024 

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

 

(END) Dow Jones Newswires

May 14, 2024 05:28 ET (09:28 GMT)

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