By Miriam Mukuru


The U.K's Debt Management Agency sold 3.75 billion pounds ($4.72 billion) in January 2034 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 January 17, 2024.


Issue              4.625% Jan 31 2034 gilt 
Amount on offer    3.75 bln 
Bids received      11.6 bln 
Bids accepted      3.75 bln 
Bid-to-cover ratio 3.09    (3.10) 
Average yield      4.132%  (3.973%) 
Average price      103.99   (105.35) 
Maximum yield      4.142%  (3.979%) 
Settlement date    Feb 15, 2024 
 

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


(END) Dow Jones Newswires

02-14-24 0655ET