19th Aug 2025 10:53
DMO-TAS031/3533/003 | ||||||||||||||||||||||||||
The Minster Building21 Mincing LaneLondonEC3R 7AG | T 020 7862 6500F 020 7862 6509www.dmo.gov.uk | |||||||||||||||||||||||||
19 August 2025 | ||||||||||||||||||||||||||
A136\25 | ||||||||||||||||||||||||||
PRESS NOTICE | ||||||||||||||||||||||||||
RESULT OF THE SALE BY AUCTION OF £1,600 MILLION OF 1⅛% INDEX-LINKED TREASURY GILT 2035The United Kingdom Debt Management Office ("DMO") announces that the auction of £1,600 million of 1⅛% Index-linked Treasury Gilt 2035 (ISIN code: GB00BT7HZZ68) 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 striking price have been allotted 28.0000% of the amount bid for.Competitive bids made at prices above the striking price have been allotted in full. Competitive bids made at prices below the striking price have been rejected. | |||||||||||||||||||||||||
Real Clean Price | Inflation-adjusted Clean Price* | Real Yield | ||||||||||||||||||||||||
2. | Striking Price | £94.440 | £97.581074 | 1.728% | ||||||||||||||||||||||
3. | The total amounts allotted and bids received were as follows: | |||||||||||||||||||||||||
Amount allotted to bids | ||||||||||||||||||||||||||
£1,360.000 | million | |||||||||||||||||||||||||
Amount allotted to non-competitive bids | ||||||||||||||||||||||||||
Gilt-edged Market Makers | £240.000 | million | ||||||||||||||||||||||||
Others | £0.000 | million | ||||||||||||||||||||||||
£1,600.000 | million | |||||||||||||||||||||||||
Total bids received | £4,953.000 | million | ||||||||||||||||||||||||
Times covered** | 3.10 | x | ||||||||||||||||||||||||
4. | An additional amount of the Stock totalling up to £400.000 million will be made available to successful bidders for purchase at the non-competitive allotment price, in accordance with the terms of the Information Memorandum. | |||||||||||||||||||||||||
5. | Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date. | |||||||||||||||||||||||||
\* The Inflation-adjusted clean price has been calculated using an index ratio of 1.03326 and should not be rounded. It is displayed to 6dp for illustrative purposes only.*\* Times covered is rounded to the nearest 2dp. | ||||||||||||||||||||||||||
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