By Miriam Mukuru
The U.K's Debt Management Agency sold 3.75 billion pounds ($4.74 billion) in January 2034-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 Dec. 19, 2023.
Issue 4.625% Jan. 31, 2034 gilt Amount on offer 3.75 bln Bids received 11.6 bln Bids accepted 3.75 bln Bid-to-cover ratio 3.10 (2.84) Average yield 3.973% (3.739%) Average price 105.35 (107.40) Maximum yield 3.979% (3.744%) Settlement date January 18, 2024
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
01-17-24 0655ET