LONDON--(BUSINESS WIRE)--
| DMO-TAS031/3157/006 |
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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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| 10 October 2023 | |||||||||||||||||||||||||
| A140\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 4.0000% 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 | £84.053 |
£106.218617 |
1.265% |
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| 3. | The total amounts allotted and bids received were as follows: | ||||||||||||||||||||||
| Amount allotted to bids | |||||||||||||||||||||||
£765.000 |
million | ||||||||||||||||||||||
| Amount allotted to non-competitive bids | |||||||||||||||||||||||
| Gilt-edged Market Makers | £135.000 |
million | |||||||||||||||||||||
| Others | £0.000 |
million | |||||||||||||||||||||
£900.000 |
million | ||||||||||||||||||||||
| Total bids received | £2,853.000 |
million | |||||||||||||||||||||
| Times Covered | 3.17 |
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 1.26371 and should not be rounded. It is displayed to 6dp for illustrative purposes only. |
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Category Code: IOD
Sequence Number: 1169505
Time of Receipt (offset from UTC): 20231010T104715+0100