By Miriam Mukuru
The U.K's Debt Management Agency sold 3.5 billion pounds ($4.42 billion) in January 2033 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 April 13.
Issue 3.25% Jan 31 2033 gilt Amount on offer 3.5 bln Bids received 9.8 bln Bids accepted 3.5 bln Bid-to-cover ratio 2.81 (3.04) Average yield 3.849% (3.592%) Average price 95.17 (97.19) Maximum yield 3.850% (3.594%) Settlement date May 11, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
05-10-23 0526ET