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DMO sold GBP5.00bln in 1-/3-/6-month T-bills

UK T-BILL AUCTION RESULTS
  • GBP500mln Jan 18 T-bill, avg yield -0.2224% ( -0.2150%), cover 4.61x (6.41x)
  • GBP2.00bln Mar 22 T-bill, avg yield -0.0677% (-0.0795%), cover 2.88x (1.90x)
  • GBP2.50bln Jun 21 T-bill, avg yield -0.0255% (-0.0387%), cover 1.99x (1.52x)

Next week's bill auctions which are on Thursday (3m/6m sizes reduced):

  • GBP0.50bln 1-month
  • GBP1.00bln 3-month (down from GBP2.00bln)
  • GBP1.00bln 6-month (down from GBP2.50bln)

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