By Miriam Mukuru
The U.K's Debt Management Agency sold 4 billion pounds ($5.08 billion) in new March 2027-dated gilts at an auction on Wednesday, it said.
The following are results of the auction, with amounts in GBP.
Issue 3.75% March 7 2027 gilt Amount on offer 4.0 bln Bids received 13.8 bln Bids accepted 4.0 bln Bid-to-cover ratio 3.44 Average yield 3.887% Average price 99.59 Maximum yield 3.889% Settlement date Jan 11, 2024
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
01-10-24 0527ET