U.K. Sells 4 Billion Pounds in March 2031 Gilt

By Miriam Mukuru

The U.K.'s Debt Management Office sold 4 billion pounds ($5.44 billion) in March 2031-dated gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on Mar. 17, 2026.

Issue              4.125% Mar. 7, 2031 gilt 
Amount on offer    4.0  billion 
Bids received      13.4 billion 
Bids accepted      4.0  billion 
Bid-to-cover ratio 3.36    (3.33) 
Average yield      4.651%  (4.228%) 
Average price      97.75    (99.54) 
Maximum yield      4.653%  (4.231%) 
Settlement date    May. 13, 2026 
 

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(END) Dow Jones Newswires

05-12-26 0526ET