LONDON--(BUSINESS WIRE)--
| DMO-TAS031/3068/003 |
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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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2.65 |
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| 12 April 2023 | |||||||||||||||||||||||||||
| A051\23 | |||||||||||||||||||||||||||
| PRESS NOTICE | |||||||||||||||||||||||||||
| RESULT OF THE SALE BY AUCTION OF £900 MILLION OF 0⅛% INDEX-LINKED TREASURY GILT 2039 The United Kingdom Debt Management Office ("DMO") announces that the auction of £900 million of 0⅛% Index-Linked Treasury Gilt 2039 (ISIN code: GB00BLH38265) 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 17.7777% 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 | £96.762 |
£118.040931 |
0.334% |
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| 3. | The total amounts allotted and bids received were as follows: | |||||||||||||||||||||||
| Amount allotted to bids | ||||||||||||||||||||||||
£764.999 |
million | |||||||||||||||||||||||
| Amount allotted to non-competitive bids | ||||||||||||||||||||||||
| Gilt-edged Market Makers | £135.000 |
million | ||||||||||||||||||||||
| Others | £0.001 |
million | ||||||||||||||||||||||
£900.000 |
million | |||||||||||||||||||||||
| Total bids received | £2,389.000 |
million | ||||||||||||||||||||||
| Times Covered | 2.65 |
times | ||||||||||||||||||||||
| 4. | An additional amount of the Stock totalling up to £225.000 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. | |||||||||||||||||||||||
| Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date. | ||||||||||||||||||||||||
| 5. | ||||||||||||||||||||||||
| *The Inflation-adjusted clean price has been calculated using an index ratio of 1.21991 and should not be rounded. It is displayed to 6dp for illustrative purposes only. |
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Category Code: IOD
Sequence Number: 1080319
Time of Receipt (offset from UTC): 20230412T101941+0100