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UK T-BILL AUCTION PREVIEW: The UK DMO allots Stg4.0bln at it's weekly tender.
- Stg0.5bln in 1-month Mar 11 bills, average yield 0.68% (0.68%), cover 4.01x
- Stg1.5bln in 3-month May 13 bills, average yield 0.74% (0.75%), cover 2.56x
- Stg1.5bln in 6-month Aug 12 bills, average yield 0.79% (0.79%), cover 2.64x