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DMO sold GBP6.25bln in....>

UK T-BILL AUCTION RESULTS
UK T-BILL AUCTION RESULTS: DMO sold GBP6.25bln in 1-/3-/6-month T-bills vs
GBP6.5bln target:
- Note the 3-month bill auction was uncovered.
- GBP1.5bln Apr 20 T-bill, avg yield 0.166% (0.200%), cover 1.56x (2.39x)
(GBP0.5bln last week)
- GBP1.75bln Jun 22 T-bill (vs GBP2.0bln target), avg yield 0.199% (0.218%),
cover 0.88x (1.95x). Higher yield accepted was 0.50% (GBP1.5bln last week).
- GBP3.0bln Sep 21 T-bill, avg yield 0.170% (0.230%), cover 1.11x (1.70x)
Next week on offer:
1-month GBP1.5bln
3-month GBP2.0bln
6-month GBP3.0bln

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