By Miriam Mukuru


The U.K.'s Debt Management Agency sold 4 billion pounds ($5.07 billion) in June 2028 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. 12, 2023. 


 
Issue              4.5% June 7 2028 gilt 
Amount on offer    4.0  bln 
Bids received      11.4 bln 
Bids accepted      4.0  bln 
Bid-to-cover ratio 2.86    (2.53) 
Average yield      3.946%  (4.041%) 
Average price      102.19   (101.86) 
Maximum yield      3.958%  (4.049%) 
Settlement date    Jan. 25, 2024

Write to Miriam Mukuru at miriam.mukuru@wsj.com


(END) Dow Jones Newswires

01-24-24 0555ET