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