By Miriam Mukuru
The U.K’s Debt Management Agency sold 900 million pounds ($1.11 billion) in March 2051 dated index-linked 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 Sept. 12.
Issue 0.125% March 22 2051 Index-linked gilt Amount on offer 900 mln Bids received 2.86 bln Bids accepted 900 mln Bid-to-cover ratio 3.18 (2.54) Real yield 1.314% (1.330%) Price 72.73 (72.31) Settlement date Nov 9, 2023
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