U.K. Sells 5 Billion Pounds in May 2029 Gilt

By Miriam Mukuru

The U.K.'s Debt Management Office sold 5 billion pounds ($6.77 billion) in May 2029-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 March 5.

Issue              4.0% May. 22, 2029 gilt 
Amount on offer    5.0  billion 
Bids received      16.7 billion 
Bids accepted      5.0  billion 
Bid-to-cover ratio 3.35    (3.49) 
Average yield      4.238%  (3.810%) 
Average price      99.31   (100.56) 
Maximum yield      4.240%  (3.814%) 
Yield Tail         0.2bp  (0.4bp) 
Settlement date    April 22, 2026 
 

Write to Miriam Mukuru at [e-mail]

(END) Dow Jones Newswires

04-21-26 0524ET