By Miriam MukuruThe U.K.'s Debt Management Office sold 3.75 billion British pounds ($4.61 billion) in new January 2034 dated gilts at an auction on Wednesday, it said. The following are results of the auction, with amounts in GBP. Issue 4.625% Jan 31 2034 gilt Amount on offer 3.75 bln Bids received 11.7 bln Bids accepted 3.75 bln Bid-to-cover ratio 3.12 Average yield 4.444% Average price 101.49 Maximum yield 4.449% Settlement date Oct 12, 2023Write to Miriam Mukuru at miriam.mukuru@wsj.com

Source: Wall Street Journal October 11, 2023 11:18 UTC