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0.25% Jan-25 Gilt

GILT AUCTION RESULTS

Relatively weak auction - particularly for a short-dated gilt. Wide tail of 1.8bp, LAP below the pre-auction mid-price and bid-to-cover below 2x.

0.25% Jan-25 GiltPrevious
AmountGBP3.50blnGBP3.50bln
Avg yield3.347%3.182%
Bid-to-cover1.89x2.57x
Tail1.8bp0.9bp
Avg price93.52893.826
Low price93.49193.266
Pre-auction mid93.51293.233
Previous date06-Sep-22

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