LONDON--(BUSINESS WIRE)--
DMO-TAS031/3291/004 |
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Eastcheap Court 11 Philpot Lane London EC3M 8UD |
T 020 7862 6500 F 020 7862 6509 www.dmo.gov.uk |
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25 June 2024 | |||||||||||||||||||||||||
A095\24 | |||||||||||||||||||||||||
PRESS NOTICE | |||||||||||||||||||||||||
RESULT OF THE SALE BY AUCTION OF £1,500 MILLION OF 0¾% INDEX-LINKED TREASURY GILT 2033 The United Kingdom Debt Management Office ("DMO") announces that the auction of £1,500 million of 0¾% Index-linked Treasury Gilt 2033 (ISIN code: GB00BMF9LJ15) has been allocated as follows: (Note: all prices in this notice are quoted in pounds and pence) |
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1. | All bids which have been accepted at the striking price have been allotted 92.4242% of the amount bid for. Competitive bids made at prices above the striking price have been allotted in full. Competitive bids made at prices below the striking price have been rejected. |
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Real Clean Price | Inflation-adjusted Clean Price* | Real Yield | |||||||||||||||||||||||
2. | Striking Price | £102.123 |
£105.531866 |
0.518% |
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3. | The total amounts allotted and bids received were as follows: | ||||||||||||||||||||||||
Amount allotted to bids | |||||||||||||||||||||||||
£1,274.999 |
million | ||||||||||||||||||||||||
Amount allotted to non-competitive bids | |||||||||||||||||||||||||
Gilt-edged Market Makers | £225.000 |
million | |||||||||||||||||||||||
Others | £0.001 |
million | |||||||||||||||||||||||
£1,500.000 |
million | ||||||||||||||||||||||||
Total bids received | £4,333.000 |
million | |||||||||||||||||||||||
Times covered** | 2.89 |
x | |||||||||||||||||||||||
4. | An additional amount of the Stock totalling up to £375.000 million will be made available to successful bidders for purchase at the non-competitive allotment price, in accordance with the terms of the Information Memorandum. | ||||||||||||||||||||||||
5. | Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date. | ||||||||||||||||||||||||
*The Inflation-adjusted clean price has been calculated using an index ratio of 1.03338 and should not be rounded. It is displayed to 6dp for illustrative purposes only. **Times covered is rounded to the nearest 2dp. |
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Category Code: IOD
Sequence Number: 1237891
Time of Receipt (offset from UTC): 20240625T101748+0100