Issue of Debt

LONDON--(BUSINESS WIRE)-- 

	The Minster Building 21 Mincing Lane London EC3R 7AG	Tel [phone]   www.dmo.gov.uk     26 May 2026
PRESS NOTICE

AUCTION OF BRITISH GOVERNMENT STOCK

Auction Details
Auction Date	Tuesday, 2 June 2026
Issue and Settlement Date	Wednesday, 3 June 2026
Bidding Convention	Fully paid Bid Price (see Note 1)
Accrued Interest payable with bid	£1.055706521739 per £100 nominal
Auction Open	9:00am London Time
Auction Close	10:00am London Time
Post Auction Option Facility	Not available (see Note 3)

Details of Security
Title	4⅝% Green Gilt 2037 (see Note 5)
Amount (nominal) for auction	£3,250 million (fungible with previous issue)
Nominal outstanding after auction	£9,500.0 million
Maturity Date	7 March 2037 at par
Interest Payment Dates	7 March and 7 September
ISIN Code	GB00BVP99905
SEDOL Code	B-VP9-990
Strippable	No (see Note 4)
Interest Payable	Gross (see Note 2)
Next Interest Payment Date	7 September 2026 - £2.262228 per £100 nominal (Short First Coupon)

Note 1: Bids may be made on either a competitive or a non‑competitive basis. Details of the bidding procedures are set out in the prospectus and in the Information Memorandum. Gilt‑edged Market Makers may bid by means of the Bloomberg Bond Auction System to the DMO not earlier than 9.00 am on Tuesday, 2 June 2026 and not later than 10.00 am on Tuesday, 2 June 2026.

Note 2: Holders may elect to have United Kingdom income tax deducted from interest payments, should they so wish, on application to the Registrar, Computershare Investor Services PLC.

Note 3: This auction will not be eligible for the Post Auction Option Facility.

Note 4: The Gilt may not be stripped and reconstituted until so specified in a notice issued by the DMO.

Note 5: Investors should have regard to the "Green Gilts" section of the Information Memorandum and to the UK Government Green Financing Framework (Framework), including but not limited to the section of the Framework entitled "Green Financing and Legal Considerations", before deciding to invest in the Gilt. The Framework has not been incorporated into, and does not form part of, the prospectus or the Information Memorandum.

Documentation
Prospectus for auction of £3,250 million of 4⅝% Green Gilt 2037   DMO : 26 May 2026	Available on the DMO’s Gilt Market Publications webpage at: https://www.dmo.gov.uk/publications/
Information Memorandum relating to the Issue, Stripping and Reconstitution of British Government Stock   DMO : 10 March 2026	https://www.dmo.gov.uk/media/zj2p0lab/infmemadd100326.pdf
UK Government Green Financing Framework   DMO : November 2025	https://www.dmo.gov.uk/media/i2lk0loa/pr261125.pdf
Formulae for Calculating Gilt Prices from Yields   DMO : 18 December 2024	https://www.dmo.gov.uk/media/334d05fo/yldeqns_v4.pdf

Applications from Members of the Approved Group of Investors

For this auction applications may not be made by members of the Approved Group.

Gilt sales in 2026-27

A table showing the progress of gilt sales in the current financial year is published in the ‘Responsibilities – Financing Remit’ section of the DMO website at: https://www.dmo.gov.uk/dmo_static_reports/currentremit.pdf. The table is updated after the conclusion of every gilt sales operation.