UK Sells GBP900 Million in March 2039 Index-Linked Gilt

By Miriam Mukuru

The U.K's Debt Management Agency sold 900 million pounds ($1.10 billion) in March 2039-dated index-linked gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on Aug. 8, 2023.

 
Issue              0.125% March 22 2039 Index-linked gilt 
Amount on offer    900  mln 
Bids received      2.8  bln 
Bids accepted      900  mln 
Bid-to-cover ratio 3.17  (2.62) 
Real yield         1.265% (0.986%) 
Price              84.05  (87.57) 
Settlement date    Oct 11, 2023 
 

Write to Miriam Mukuru at [e-mail]

(END) Dow Jones Newswires

10-10-23 0532ET