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Sells GBP2.75bln of 0.375% Oct-26 Gilt

GILT AUCTION RESULTS
  • Vs GBP2.75bln target
  • Avg yield 0.789% (0.429%), bid-to-cover 2.16x (vs 2.67x prior), Tail: 1.0bps
  • "An additional amount of the Stock totalling up to £687.500 million will be made available to successful bidders for purchase at the non-competitive allotment price."

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