LONDON--(BUSINESS WIRE)--
UK Debt Management Office
| DMO-TAS031/2925/007 |
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| The Minster Building 21 Mincing Lane London EC3R 7AG |
T 020 7862 6500 F 020 7862 6509 www.dmo.gov.uk |
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| 28 June 2022 | |||||||||||||
| PRESS NOTICE | |||||||||||||||||||||||||
| RESULT OF THE SALE BY AUCTION OF £1,000 MILLION OF 0⅛% INDEX-LINKED TREASURY GILT 2031 The United Kingdom Debt Management Office ("DMO") announces that the auction of £1,000 million of 0⅛% Index-Linked Treasury Gilt 2031 (ISIN code: GB00BNNGP551) has been allocated as follows: (Note: all prices in this notice are quoted in pounds and pence) |
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| 1. | All bids which have been accepted at the striking price have been allotted 80.0000% 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. |
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| Real Clean Price | Inflation-adjusted Clean Price* | Real Yield | |||||||||||||||||||||||
| 2. | Striking Price | £114.200 |
£129.857962 |
-1.335% |
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| 3. | The total amounts allotted and bids received were as follows: | ||||||||||||||||||||||||
| Amount allotted to bids | |||||||||||||||||||||||||
£850.000 |
million | ||||||||||||||||||||||||
| Amount allotted to non-competitive bids | |||||||||||||||||||||||||
| Gilt-edged Market Makers | £150.000 |
million | |||||||||||||||||||||||
| Others | £0.000 |
million | |||||||||||||||||||||||
£1,000.000 |
million | ||||||||||||||||||||||||
| Total bids received | £2,765.000 |
million | |||||||||||||||||||||||
| Times Covered | 2.77 |
times | |||||||||||||||||||||||
| 4. | An additional amount of the Stock totalling up to £250.000 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 1.13711 and should not be rounded. It is displayed to 6dp for illustrative purposes only. |
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Category Code: IOD
Sequence Number: 913010
Time of Receipt (offset from UTC): 20220628T103604+0100