UK Sells GBP3.5 Billion in January 2025 Gilt

By Miriam Mukuru

The U.K's Debt Management Agency sold 3.5 billion pounds ($4.18 billion) in January 2025 dated gilts at an auction on Wednesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction held on September 6, 2022.

 
Issue              0.25% Jan. 31 2025 gilt 
Amount on offer    3.5 bln 
Bids received      6.63 bln 
Bids accepted      3.5 bln 
Bid-to-cover ratio 1.89   (2.57) 
Average yield      3.347% (3.182%) 
Average price      93.528 (93.286) 
Maximum yield      3.365% (3.191%) 
Settlement date    Nov. 24, 2022 
 

Write to Miriam Mukuru at [e-mail]

(END) Dow Jones Newswires

11-23-22 0700ET