Issue of Debt

LONDON--()-- 

DMO-TAS031/2329/003

 
 
Eastcheap Court
11 Philpot Lane
London
EC3M 8UD
T 020 7862 6500
F 020 7862 6509

www.dmo.gov.uk
 
 
 
 
 
23 January 2020
A012\20
 
 
PRESS NOTICE
 
RESULT OF THE SALE BY TENDER OF UP TO £250 MILLION OF 0 1/8% INDEX-LINKED TREASURY GILT 2048

The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £250 million of 0 1/8% Index-Linked Treasury Gilt 2048 (ISIN code: GB00BZ13DV40) 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 40.0000% 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.
 
 
 
Real Clean Price Inflation-adjusted Clean Price* Real Yield
 
2. Striking Price

£180.410

£190.947748

-1.963%

 
3. The total amounts allotted and bids received were as follows:
 
Amount allotted to bids

 

£250.000 million

Residual retained by DMO

 

£0.000 million

Total issued

 

£250.000 million

 
 
Total bids received

 

£860.000 million

 
Times Covered

 

3.44 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 24 January 2020 will be £10,222.715 million nominal.
 
 
*The Inflation-adjusted clean price has been calculated using an index ratio of 1.05841 and should not be rounded. It is displayed to 6dp for illustrative purposes only.
 

 

Short Name: UKDMO
Category Code: IOD
Sequence Number: 690919
Time of Receipt (offset from UTC): 20200123T105738+0000

Contacts

UK Debt Management Office

Contacts

UK Debt Management Office