Issue of Debt

LONDON--()--

A135¥13 3 December 2013  
 

PRESS NOTICE

 
RESULT OF THE SALE BY TENDER OF UP TO £1250 MILLION OF 5% TREASURY STOCK 2025

 

The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £1,250 million of 5% Treasury Stock 2025 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 approximately 39.0% of the amount bid for.

 

Bids made at prices above the striking price have been allotted in full. Bids made at prices below the striking price have been rejected.

 
Price Yield
 
2. Striking Price £119.23 2.977%
 
 
3. The total amounts allotted and bids received were as follows:
Amount allotted to competitive bids £1,249.320 million
Residual held by DMO £0.680 million
Total

£1,250.000 million

Total bids received

£2,491.000 million

Times covered 1.99 times
 
4. Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date if they so requested.

Short Name: UKDMO
Category Code: IOD
Sequence Number: 399898
Time of Receipt (offset from UTC): 20131203T105116+0000

Contacts

UK Debt Management Office

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Contacts

UK Debt Management Office