Source - BUS

Issue of Debt

UK Debt Management Office

                DMO-TAS031/1881/005  
     
 
Eastcheap Court

11 Philpot Lane

London

EC3M 8UD

T 020 7862 6500

F 020 7862 6509

 

www.dmo.gov.uk

 
 
 
 
 
27 September 2016

 

 
 
PRESS NOTICE
 
RESULT OF THE SALE BY TENDER OF UP TO £400 MILLION OF 0¼% INDEX-LINKED TREASURY GILT 2052

 

The United Kingdom Debt Management Office ("DMO") announces that the tender of up to £400 million of 0¼% Index-linked Treasury Gilt 2052 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 44.0000% of the amount bid for.

 

Bids made at prices above the striking price have been allotted in full. Bids made at prices below the striking price have been rejected.

 
 
 
Real Clean Price Inflation-adjusted Clean Price* Real Yield
 
2. Striking Price £200.350 £217.996828 -1.770%
 
3. The total amounts allotted and bids received were as follows:
 
Amount allotted to bids

£400.000 million

Residual retained by DMO

£0.000 million

Total issued

£400.000 million

 
 
Total bids received

£1,249.000 million

 
Times Covered

3.12 times

 
 
4. Stock allotted to members of CREST will be credited to their accounts by member-to-member deliveries on the relevant settlement date if they so requested.
 
 
5. The new amount in issue for this Gilt from 28 September 2016 will be £12,366.020 million nominal.
 
 
*The Inflation-adjusted clean price has been calculated using an index ratio of 1.08808 and should not be rounded. It is displayed to 6dp for illustrative purposes only.