By Miriam Mukuru
The U.K Debt Management Agency sold 2 billion pounds ($2.45 billion) in October 2053-dated gilts at an auction Tuesday, it said.
The following are results of the auction, with amounts in GBP.
Issue 3.75% Oct. 22 2053 gilt Amount on offer 2.0 bln Bids received 5.4 bln Bids accepted 2.0 bln Bid-to-cover ratio 2.71 Average yield 3.864% Average price 97.97 Maximum yield 3.865% Settlement date March 22, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
03-21-23 0626ET