By Miriam Mukuru


The U.K's Debt Management Agency sold 4.0 billion pounds ($5.03 billion) in New July 2029 dated gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in GBP. 


Issue              4.125% July 22 2029 gilt 
Amount on offer    4.0  bln 
Bids received      12.8 bln 
Bids accepted      4.0  bln 
Bid-to-cover ratio 3.21 
Average yield      4.251% 
Average price      99.42 
Maximum yield      4.259% 
Settlement date    May 1, 2024

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


(END) Dow Jones Newswires

04-30-24 0526ET