Global News Select

U.K. Sells GBP2.75 Billion in July 2033 Green Gilt

By Miriam Mukuru

 

The U.K's Debt Management Agency sold 2.75 billion pounds ($3.62 billion) in July 2033 green gilts at an auction on Wednesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on May 15, 2024.

Issue              0.875% July 31, 2033 green gilt 
Amount on offer    2.75  bln 
Bids received      9.76  bln 
Bids accepted      2.75  bln 
Bid-to-cover ratio 3.55    (3.52) 
Average yield      3.731%  (4.072%) 
Average price      78.61   (75.65) 
Maximum yield      3.740%  (4.078%) 
Settlement date    Sept. 19, 2024 
 

Write to Miriam Mukuru at miriam.mukuru@wsj.com

 

(END) Dow Jones Newswires

September 18, 2024 05:34 ET (09:34 GMT)

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