UK Sells GBP2.5 Billion in October 2061 Gilt
October 04 2022 - 6:41AM
Dow Jones News
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
October 04, 2022 06:26 ET (10:26 GMT)
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