UK Sells GBP2.25 Billion in October 2043 Gilt
January 09 2024 - 5:42AM
Dow Jones News
By Miriam Mukuru
The U.K's Debt Management Agency sold 2.25 billion pounds ($2.87
billion) in October 2043 dated gilts at an auction on Tuesday, it
said.
The following are results of the auction, with amounts in GBP.
This is the first sale since its launch via syndication on November
15, 2023.
Issue 4.75% Oct 22 2043 gilt
Amount on offer 2.25 bln
Bids received 8.14 bln
Bids accepted 2.25 bln
Bid-to-cover ratio 3.62
Average yield 4.391%
Average price 104.71
Maximum yield 4.393%
Settlement date January 10, 2024
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
January 09, 2024 05:27 ET (10:27 GMT)
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