UK sells 4.5 billion pounds of new 2045 index-linked gilt

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 26 (Reuters) - Britain sold 4.5 billion pounds ($5.61 billion) of a new index-linked gilt maturing in March 2045, the United Kingdom Debt Management Office said on Wednesday, after a syndication process which attracted more than 40 billion pounds in orders. The DMO said the bond with a coupon of 0.625% was priced at 99.403, giving a real yield of 0.6543%, 3.75 basis points above the benchmark March 2044 index-linked gilt . ($1 = 0.8015 pounds) (Reporting by David Milliken; editing by Sarah Young)

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