By Miriam Mukuru
The U.K's Debt Management Agency sold 3.75 billion British pounds ($4.79 billion) in new June 2028 dated gilts at an auction on Tuesday, it said.
The following are results of the auction, with amounts in GBP.
Issue 4.5% June 7 2028 gilt Amount on offer 3.75 bln Bids received 8.96 bln Bids accepted 3.75 bln Bid-to-cover ratio 2.39 Average yield 4.932% Average price 98.12 Maximum yield 4.939% Settlement date June 21, 2023
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
06-20-23 0524ET