LONDON--(BUSINESS WIRE)--
DMO-TAS031/3342/003 |
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The Minster Building 21 Mincing Lane London EC3R 7AG |
T 020 7862 6500 F 020 7862 6509 www.dmo.gov.uk |
24 September 2024 | |||||||||||||||||||||||||
A146\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) |
1. | All bids which have been accepted at the striking price have been allotted 10.6666% 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 | £102.361 |
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|
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£106.546541 |
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0.486% |
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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 | £4,762.000 |
million | ||||||||||||||||||||
Times covered** | 3.17 |
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 1.04089 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: 1251760
Time of Receipt (offset from UTC): 20240924T101613+0100