UK Sells GBP3 Billion in January 2032 Gilt
05 October 2022 - 8:46PM
Dow Jones News
By Miriam Mukuru
The U.K's Debt Management Agency sold 3 billion pounds ($3.43
billion) in January 2032-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
Sept. 7, 2022.
Issue 1% Jan 31 2032 gilt
Amount on offer 3 bln
Bids received 7.507 bln
Bids accepted 3 bln
Bid-to-cover ratio 2.5 (2.4)
Average yield 4.123% (3.088%)
Average price 76.04 (83.08)
Settlement date Thursday, October 6
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
October 05, 2022 05:31 ET (09:31 GMT)
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