LONDON, September 27, 2023--(BUSINESS WIRE)--
The Minster Building
T 020 7862 6500
27 September 2023
RESULT OF THE SALE BY TENDER OF UP TO £750 MILLION OF 1⅛% TREASURY GILT 2073
All bids which have been accepted at the lowest accepted price have been allotted 81.3333% 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.
The range of bids accepted was as follows:
Average Accepted Price
Tail in basis points
The total amounts allotted and bids received were as follows:
Amount allotted to competitive bids
Residual held by DMO
Total bids received
The new amount in issue for this Gilt from 28 September 2023 will be £10,857.000 million nominal.
Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date.
*Tail is calculated as the yield at the lowest accepted price less the yield at the average accepted price
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UK Debt Management Office