By Miriam Mukuru


The U.K.'s Debt Management Agency sold 3.75 billion pounds ($4.66 billion) in October 2031 dated gilts at an auction on Wednesday, it said.

The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction, held on February 28, 2024. 


Issue              4.0% Oct 22 2031 gilt 
Amount on offer    3.75  bln 
Bids received      11.12 bln 
Bids accepted      3.75  bln 
Bid-to-cover ratio 2.97    (3.0) 
Average yield      4.218%  (4.085%) 
Average price      98.60   (99.44) 
Maximum yield      4.232%  (4.106%) 
Settlement date    April 18, 2024

Write to Miriam Mukuru at miriam.mukuru@wsj.com


(END) Dow Jones Newswires

04-17-24 0536ET