Issue of Debt

LONDON--(BUSINESS WIRE)-- 

DMO-TAS041/3740/002

The Minster Building 21 Mincing Lane London EC3R 7AG

T 020 7862 6500 F 020 7862 6509 www.dmo.gov.uk

A134\26

7 October 2026

PRESS NOTICE

RESULT OF THE SALE BY TENDER OF UP TO £1500 MILLION OF 0⅛% TREASURY GILT 2028 The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £1,500 million of 0⅛% Treasury Gilt 2028 (ISIN Code: GB00BMBL1G81) has been allocated as follows: (Note: all prices in this notice are quoted in pounds and pence)

1.

All bids which have been accepted at the lowest accepted price have been allotted 12.5000% of the amount bid for. Competitive bids made at prices above the lowest accepted price have been allotted in full. Competitive bids made at prices below the lowest accepted price have been rejected.

2.

The range of bids accepted was as follows:

Price

Yield

Highest Accepted

£94.772

4.263%

Average Accepted Price

£94.761

4.272%

Lowest Accepted

£94.754

4.278%

Tail*

0.6 bps

3.

The total amounts allotted and bids received were as follows:

Amount allotted to competitive bids

£1,500.000 million

Residual held by DMO

£0.000 million

Total

£1,500.000 million

Total bids received

£5,637.000 million

Times covered**

3.76 x

4.

Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date.

5.

The new amount in issue for this Gilt from 08 October 2026 will be £42,260.277 million nominal.

*Tail is calculated as the yield at the lowest accepted price less the yield at the average accepted price (using unrounded yields). This figure is then multiplied by 100 to convert it into basis points.

**Times covered is rounded to the nearest 2dp.