UK Sells GBP1.1 Billion in August 2031 Index-Linked Gilt

By Jessica Fleetham

The U.K. Debt Management Office sold 1.1 billion pounds ($1.36 billion) in 2031-dated index-linked gilts at an auction on Thursday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction held on Dec. 7, 2022.

Issue              0.125% August 10, 2031 indexed-linked gilt 
Amount on offer    1.1 bln 
Bids received      2.81 bln 
Bids accepted      1.1 bln 
Bid-to-cover ratio 2.56 (3.24) 
Real yield         0.007%  (-0.558%) 
Settlement date    January 20, 2023 
 

Write to Jessica Fleetham at [e-mail]

(END) Dow Jones Newswires

01-19-23 0652ET