UK Sells GBP750 Mln in March 2051 Index-Linked Gilt

By Miriam Mukuru

The U.K’s Debt Management Agency sold 750 million pounds ($931 million) in March 2051 dated index-linked gilts at an auction on Tuesday, 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 2.

Issue 0.125% March 22 2051 Index-linked gilt Amount on offer 750 mln Bids received 2.1 bln Bids accepted 750 mln Bid-to-cover ratio 2.82 (2.40) Real yield 1.105% (0.835%) Price 76.58 (82.28) Settlement date May 24, 2023