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DMO sold GBP2.25bln in 1-/3-/6-month T-bills

UK T-BILL AUCTION RESULTS
  • GBP500mln Sep 21 T-bill, avg yield 0.007% (0.026%), cover 4.82x (6.06x)
  • GBP750mln Nov 23 T-bill, avg yield 0.010% (0.015%), cover 3.09x (4.38x) (down from GBP1.0bln last week)
  • GBP1.0bln Feb 22 T-bill, avg yield 0.016% (0.030%), cover 2.27x (3.69x) (down from GBP1.5bln last week)

Next week's bill auctions (sizes unchanged from this week):

  • GBP0.50bln 1-month
  • GBP0.75bln 3-month
  • GBP1.00bln 6-month

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