Issue of Debt

LONDON--(BUSINESS WIRE)--

							DMO-TAS031/1888/003
						Eastcheap Court 11 Philpot Lane London EC3M 8UD			T 020 7862 6500 F 020 7862 6509   www.dmo.gov.uk
									12 October 2016
PRESS NOTICE
RESULT OF THE SALE BY AUCTION OF £850 MILLION OF 0 1/8% INDEX-LINKED TREASURY GILT 2036   The United Kingdom Debt Management Office ("DMO") announces that the auction of £850 million of 0 1/8% Index-Linked Treasury Gilt 2036 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 43.9133% 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.
			Real Clean Price				Inflation-adjusted Clean Price*			Real Yield
	2.	Striking Price	£148.300				£150.448867			-1.847%
	3.	The total amounts allotted and bids received were as follows:
		Amount allotted to bids
								£731.760 million
		Amount allotted to non-competitive bids
				Gilt-edged Market Makers				£118.200 million
					Others			£0.040 million
								£850.000 million
		Total bids received						£1,739.239 million
		Times Covered						2.05 times
	4.	An additional amount of the Stock totalling up to £127.500 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.	Cheques may be presented for payment. Refund cheques, where appropriate, will be sent as soon as possible by post. 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.
	*The Inflation-adjusted clean price has been calculated using an index ratio of 1.01449 and should not be rounded. It is displayed to 6dp for illustrative purposes only.

Category Code: IOD

Sequence Number: 553907

Time of Receipt (offset from UTC): 20161012T104818+0100