By Miriam Mukuru
The U.K.'s Debt Management Agency sold 3.5 billion British pounds ($4.22 billion) in January 2027 dated gilts at an auction on Thursday, 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. 6, 2022.
Issue 4.125% Jan 29 2027 gilt Amount on offer 3.5 bln Bids received 7.624 bln Bids accepted 3.5 bln Bid-to-cover ratio 2.18 (2.20) Average yield 3.665% (3.472%) Average price 101.72 (102.50) Maximum yield 3.670% (3.477%) Settlement date January 6, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
01-05-23 0701ET