By Miriam Mukuru
The U.K's Debt Management Agency sold 2.5 billion British pounds ($2.84 billion) in October 2061-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 Oct. 12, 2021.
Issue 0.5% Oct. 22, 2061 gilt Amount on offer 2.5 bln Bids received 4.93 bln Bids accepted 2.5 bln Bid-to-cover ratio 1.97 (2.54) Average yield 3.371% (1.414%) Average price 37.925 (72.129) Maximum yield 3.411% Settlement date Wednesday, October 5
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
10-04-22 0626ET