UK DMO auction of 2.5 bln stg in gilts maturing 2012 covered 1.98 times
Published September 17th, 2007
The UK’s Debt Management Office said its auction of 2.5 bln stg in gilts maturing in 2012 was covered by bids 1.98 times.
Bids for the gilts, which carry a yield of 5.25 pct, totaled 4.95 bln stg.
The highest accepted price was 101.11 stg with a yield of 4.982 pct, while the lowest accepted price was 101.03 stg with a yield of 5.001 pct.
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