U.K. Sells GBP2 Billion in October 2043 Gilt - News Summed Up

U.K. Sells GBP2 Billion in October 2043 Gilt


By Miriam MukuruThe U.K's Debt Management Agency sold 2.0 billion pounds ($2.56 billion) in October 2043 dated gilts at an auction on Tuesday, it said. The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on July 16. Issue 4.75% Oct. 22 2043 gilt Amount on offer 2.0 bln Bids received 6.7 bln Bids accepted 2.0 bln Bid-to-cover ratio 3.37 (3.29) Average yield 4.372% (4.519%) Average price 104.87 (102.94) Maximum yield 4.374% (4.519%) Settlement date Aug 07, 2024Write to Miriam Mukuru at miriam.mukuru@wsj.com(END) Dow Jones NewswiresAugust 06, 2024 05:36 ET (09:36 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.


Source: Wall Street Journal August 06, 2024 09:50 UTC



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