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Issue of Debt
Issue of Debt
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LONDON--(BUSINESS WIRE)--
| DMO-TAS031/3498/003 |
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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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| 24 June 2025 | |||||||||||||||||||||||||
| A101\25 | |||||||||||||||||||||||||
| PRESS NOTICE | |||||||||||||||||||||||||
| RESULT OF THE SALE BY AUCTION OF £1,700 MILLION OF 1⅛% INDEX-LINKED TREASURY GILT 2035 The United Kingdom Debt Management Office ("DMO") announces that the auction of £1,700 million of 1⅛% Index-linked Treasury Gilt 2035 (ISIN code: GB00BT7HZZ68) 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 89.1566% 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 | £97.512 |
£99.991730 |
1.386% |
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| 3. | The total amounts allotted and bids received were as follows: | ||||||||||||||||||||||||
| Amount allotted to bids | |||||||||||||||||||||||||
£1,444.999 |
million | ||||||||||||||||||||||||
| Amount allotted to non-competitive bids | |||||||||||||||||||||||||
| Gilt-edged Market Makers | £255.000 |
million | |||||||||||||||||||||||
| Others | £0.001 |
million | |||||||||||||||||||||||
£1,700.000 |
million | ||||||||||||||||||||||||
| Total bids received | £5,142.000 |
million | |||||||||||||||||||||||
| Times covered** | 3.02 |
x | |||||||||||||||||||||||
| 4. | An additional amount of the Stock totalling up to £425.000 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 1.02543 and should not be rounded. It is displayed to 6dp for illustrative purposes only. **Times covered is rounded to the nearest 2dp. |
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Contacts
UK Debt Management Office
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