U.K. Sells 3.25 Billion Pounds in March 2037 Green Gilt

By Miriam Mukuru

The U.K.'s Debt Management Office sold 3.25 billion pounds ($4.37 billion) in March 2037-dated green gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in pounds.

Issue              4.625% Mar. 7, 2037 green gilt 
Amount on offer    3.25 billion 
Bids received      11.8 billion 
Bids accepted      3.25 billion 
Bid-to-cover ratio 3.63 
Average yield      4.975% 
Average price      97.10 
Maximum yield      4.977% 
Yield Tail         0.2Bps 
Settlement date    Jun. 3, 2026 

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(END) Dow Jones Newswires

06-02-26 0525ET