By Miriam Mukuru
The U.K’s Debt Management Agency sold 2.5 billion pounds ($3.13 billion) in July 2053-dated green gilts at an auction on Tuesday, it said.
The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction, held on Oct. 3, 2023.
Issue 1.5% July 31 2053 gilt Amount on offer 2.5 bln Bids received 7.6 bln Bids accepted 2.5 bln Bid-to-cover ratio 3.05 (2.83) Average yield 4.565% (4.936%) Average price 50.60 (46.64) Maximum yield 4.568% (4.946%) Settlement date Feb 07, 2024
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