By Miriam Mukuru


The U.K.'s Debt Management Agency sold 3 billion pounds ($3.79 billion) in January 2034 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 Nov. 7.


Issue              4.625% Jan 31 2034 gilt 
Amount on offer    3.0 bln 
Bids received      8.5 bln 
Bids accepted      3.0 bln 
Bid-to-cover ratio 2.84    (2.90) 
Average yield      3.739%  (4.405%) 
Average price      107.40  (101.80) 
Maximum yield      3.744%  (4.408%) 
Settlement date    December 20, 2023 
 

Write to Miriam Mukuru at miriam.mukuru@wsj.com


(END) Dow Jones Newswires

12-19-23 0526ET