By Miriam Mukuru


The U.K's Debt Management Agency sold 4.0 billion pounds ($5.07 billion) in new October 2031 dated gilts at an auction on Wednesday, it said.


Issue              4% Oct 22 2031 gilt 
Amount on offer    4.0  bln 
Bids received      12.0 bln 
Bids accepted      4.0  bln 
Bid-to-cover ratio 3.00 
Average yield      4.085% 
Average price      99.44 
Maximum yield      4.106% 
Settlement date    Feb 29, 2024 
 

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(END) Dow Jones Newswires

02-28-24 0528ET