17th Feb 2026 11:54
| DMO-TAS041/3630/002 | ||||||||||||||||||||||
| The Minster Building21 Mincing LaneLondonEC3R 7AG | T 020 7862 6500F 020 7862 6509www.dmo.gov.uk | |||||||||||||||||||||
| A024\26 | 17 February 2026 | |||||||||||||||||||||
| PRESS NOTICE | ||||||||||||||||||||||
| RESULT OF THE SALE BY TENDER OF UP TO £750 MILLION OF 4¼% TREASURY STOCK 2032The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £750 million of 4¼% Treasury Stock 2032 (ISIN Code: GB0004893086) 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 lowest accepted price have been allotted 100.0000% 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. | |||||||||||||||||||||
| 2. | The range of bids accepted was as follows: | Price | Yield | |||||||||||||||||||
| Highest Accepted | £101.651 | 3.950% | ||||||||||||||||||||
| Average Accepted Price | £101.640 | 3.952% | ||||||||||||||||||||
| Lowest Accepted | £101.635 | 3.953% | ||||||||||||||||||||
| Tail* | 0.1 bps | |||||||||||||||||||||
| 3. | The total amounts allotted and bids received were as follows: | |||||||||||||||||||||
| Amount allotted to competitive bids | £750.000 million | |||||||||||||||||||||
| Residual held by DMO | £0.000 million | |||||||||||||||||||||
| Total | £750.000 million | |||||||||||||||||||||
| Total bids received | £3,127.000 million | |||||||||||||||||||||
| Times covered** | 4.17 x | |||||||||||||||||||||
| 4. | Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date. | |||||||||||||||||||||
| 5. | The new amount in issue for this Gilt from 18 February 2026 will be £44,776.149 million nominal. | |||||||||||||||||||||
| \* Tail is calculated as the yield at the lowest accepted price less the yield at the average accepted price(using unrounded yields). This figure is then multiplied by 100 to convert it into basis points. | ||||||||||||||||||||||
| *\* Times covered is rounded to the nearest 2dp. | ||||||||||||||||||||||
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