U.K. Sells 4.5 Billion Pounds in March 2035 Gilt

By Miriam Mukuru

The U.K.'s Debt Management Office sold 4.5 billion pounds ($6.12 billion) in March 2035-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 June 11.

Issue              4.5% March 7, 2035 gilt 
Amount on offer    4.5  bln 
Bids received      13.0 bln 
Bids accepted      4.5  bln 
Bid-to-cover ratio 2.89    (2.89) 
Average yield      4.635%  (4.588%) 
Average price      98.95   (99.31) 
Maximum yield      4.637%  (4.591%) 
Settlement date    July 10, 2025 
 

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(END) Dow Jones Newswires

07-09-25 0523ET