By Miriam Mukuru


The U.K's Debt Management Agency sold 2 billion pounds ($2.42 billion) in January 2039 dated gilts at an auction on Wednesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on Dec. 6, 2022. 


Issue              1.125% Jan 31 2039 gilt 
Amount on offer    2.0 bln 
Bids received      4.8 bln 
Bids accepted      2.0 bln 
Bid-to-cover ratio 2.42     (2.35) 
Average yield      3.736%   (3.514%) 
Average price      68.79    (70.75) 
Maximum yield      3.743%   (3.516%) 
Settlement date    Feb. 9, 2023

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


(END) Dow Jones Newswires

02-08-23 0528ET