By Miriam Mukuru
The U.K's Debt Management Agency sold 3.75 billion British pounds ($4.63 billion) in January 2034 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. 11.
Issue 4.625% Jan 31 2034 gilt Amount on offer 3.75 bln Bids received 10.9 bln Bids accepted 3.75 bln Bid-to-cover ratio 2.90 (3.12) Average yield 4.405% (4.444%) Average price 101.80 (101.49) Maximum yield 4.408% (4.449%) Settlement date Nov 8, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
11-07-23 0530ET