Issue of Debt

LONDON--()--

                           
DMO-TAS041/1612
 
 
Eastcheap Court

11 Philpot Lane

London

EC3M 8UD

T 020 7862 6500

F 020 7862 6509

 

www.dmo.gov.uk

 
 
 
 
 
A105¥14

9/30/2014

 
PRESS NOTICE
 
RESULT OF THE SALE BY TENDER OF UP TO £1000 MILLION OF 4¼% TREASURY GILT 2027

 

The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £1,000 million of 4¼% Treasury Gilt 2027 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 8.0% 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 £117.671 2.653%
 
 
3. The total amounts allotted and bids received were as follows:
Amount allotted to competitive bids

 

£1,000.000 million

Residual held by DMO

 

£0.000 million

Total

 

£1,000.000 million

Total bids received

 

£2,153.000 million

Times covered

 

2.15 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.
 
 
 
5. The new amount in issue for this Gilt from 01 October 2014 will be £30,673.407 million nominal.

Short Name: UKDMO
Category Code: IOD
Sequence Number: 434908
Time of Receipt (offset from UTC): 20140930T104820+0100

Contacts

UK Debt Management Office

Contacts

UK Debt Management Office