11 Philpot Lane
|T 020 7862 6500
F 020 7862 6509
|11 November 2020|
|RESULT OF THE SALE BY AUCTION OF £800 MILLION OF 0 ⅛% INDEX-LINKED TREASURY GILT 2036
The United Kingdom Debt Management Office ("DMO") announces that the auction of £800 million of 0 ⅛% Index-linked Treasury Gilt 2036 (ISIN code: GB00BYZW3J87) 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 57.0000% 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|
|3.||The total amounts allotted and bids received were as follows:|
|Amount allotted to bids|
|Amount allotted to non-competitive bids|
|Gilt-edged Market Makers||
|Total bids received||
|4.||An additional amount of the Stock totalling up to £200.000 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 1.12940 and should not be rounded. It is displayed to 6dp for illustrative purposes only.
Category Code: IOD
Sequence Number: 720079
Time of Receipt (offset from UTC): 20201111T100723+0000