UK Sells GBP3.25 Billion in January 2032 Gilt

By Miriam Mukuru

The U.K's Debt Management Agency sold 3.25 billion pounds ($3.84 billion) in January 2032 dated gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction held on Oct. 19.

 
Issue              1% Jan 31 2032 gilt 
Amount on offer    3.25 bln 
Bids received      6.87 bln 
Bids accepted      3.25 bln 
Bid-to-cover ratio 2.11   (2.42) 
Average yield      3.426% (4.109%) 
Average price      80.982 (76.209) 
Maximum yield      3.433% (4.112%) 
Settlement date    November 16, 2022 
 

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(END) Dow Jones Newswires

11-15-22 0532ET