LONDON--(BUSINESS WIRE)--
| DMO-TAS031/3307/003 |
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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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| 23 July 2024 | ||||||||||||||||||||||||||
| A111\24 | ||||||||||||||||||||||||||
| PRESS NOTICE | ||||||||||||||||||||||||||
| RESULT OF THE SALE BY AUCTION OF £1,000 MILLION OF 0⅛% INDEX-LINKED TREASURY GILT 2039 The United Kingdom Debt Management Office ("DMO") announces that the auction of £1,000 million of 0⅛% Index-Linked Treasury Gilt 2039 (ISIN code: GB00BLH38265) 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 3.0000% 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 | £87.425 |
£113.739051 |
1.053% |
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| 3. | The total amounts allotted and bids received were as follows: | |||||||||||||||||||||||||
| Amount allotted to bids | ||||||||||||||||||||||||||
£850.000 |
million | |||||||||||||||||||||||||
| Amount allotted to non-competitive bids | ||||||||||||||||||||||||||
| Gilt-edged Market Makers | £150.000 |
million | ||||||||||||||||||||||||
| Others | £0.000 |
million | ||||||||||||||||||||||||
£1,000.000 |
million | |||||||||||||||||||||||||
| Total bids received | £3,077.000 |
million | ||||||||||||||||||||||||
| Times covered** | 3.08 |
x | ||||||||||||||||||||||||
| 4. | An additional amount of the Stock totalling up to £250.000 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 1.30099 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: 1241574
Time of Receipt (offset from UTC): 20240723T101514+0100