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