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