By Miriam Mukuru
The U.K's Debt Management Agency sold 2.75 billion British pounds ($3.50 billion) in January 2038 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 March 1.
Issue 3.75% Jan 29 2038 gilt Amount on offer 2.75 bln Bids received 6.20 bln Bids accepted 2.75 bln Bid-to-cover ratio 2.26 (2.41) Average yield 4.463% (4.142%) Average price 92.42 (95.67) Maximum yield 4.466% (4.145%) Settlement date June 29, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
06-28-23 0526ET