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DMO sold GBP3.5bln in.....>

UK T-BILL AUCTION RESULTS
UK T-BILL AUCTION RESULTS: DMO sold GBP3.5bln in 1-/3-/6-month T-bills vs
GBP3.5bln target:
- GBP0.5bln Aug 24 T-bill, avg yield 0.011% (0.0125%), cover 3.00x (3.13x)
- GBP1.0bln Oct 26 T-bill, avg yield 0.031% (0.0362%), cover 4.19x (2.30x) (Last
week GBP2.0bln)
- GBP2.0bln Jan 25 T-bill, avg yield 0.034% (0.0358%), cover 2.31x (2.70x)
** Next week's bill auctions:
- GBP0.5bln 1-month
- GBP1.0bln 3-month
- GBP2.0bln 6-month

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