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DMO sells GBP3.50bln nominal of 0.125% Jan-24 gilt

GILT AUCTION RESULTS
0.125% Jan-24 GiltPrevious
AmountGBP3.50blnGBP3.25bln
Avg yield0.182%0.073%
Bid-to-cover2.45x2.58x
Tail0.2bp0.3bp
Avg price99.838100.153
Pre-auction mid99.817
Previous date16-Feb-21

A further GBP875mln will be available through the PAOF to successful bidders until 13:00GMT.

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