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DMO sold GBP3.5bln in 1-/3-/6-month T-bills

UK T-BILL AUCTION RESULTS
  • GBP0.5bln Mar 29 T-bill, avg yield 0.0131% ( 0.0043%), cover 3.29x (3.51x)
  • GBP1bln Jun 1 T-bill, avg yield 0.0072% (-0.0006%), cover 3.86x (6.64x) (GBP0.5bln last week)
  • GBP2bln Aug 31 T-bill, avg yield 0.0217% (0.0152%), cover 2.52x (3.06x) (GBP1bln last week)

Next week's bill auction amounts:

  • GBP0.5bln 1-month
  • GBP1.0bln 3-month
  • GBP2.0bln 6-month

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