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DMO sold GBP2.50bln in 1-/3-/6-month T-bills

UK T-BILL AUCTION RESULTS
  • GBP500mln Jan 25 T-bill, avg yield -0.2341% ( -0.2224%), cover 4.06x (4.61x)
  • GBP1.00bln Mar 29 T-bill, avg yield -0.0605% (-0.0677%), cover 3.93x (2.88x) (auction size of GBP2.00bln last week)
  • GBP1.00bln Jun 28 T-bill, avg yield -0.0210% (-0.0255%), cover 3.67x (1.99x) (auction size of GBP2.50bln last week)

This is the last T-bill auction of the year. Next bill auctions which are on Jan 8 :

  • GBP1.00bln 1-month
  • GBP1.00bln 3-month
  • GBP2.00bln 6-month

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