By Jessica Fleetham


The U.K's Debt Management Agency sold 4.0 billion pounds ($5.07 billion) in March 2027-dated gilts at an auction on Wednesday, it said.

The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction held on March 5. 


 
Issue              3.75% March 7, 2027 
Amount on offer    4.0 bln 
Bids received      14.72 bln 
Bids accepted      4.0 bln 
Bid-to-cover ratio 3.68 (3.01) 
Average yield      4.204% (4.314%) 
Average price      98.757 (98.414) 
Maximum yield      4.207% (4.320%) 
Settlement date    April 11, 2024

Write to Jessica Fleetham at jessica.fleetham@wsj.com


(END) Dow Jones Newswires

04-10-24 0524ET