GB colloca gilt 2027 per 2,5 mld sterline, bid-to-cover 1,88

martedì 4 agosto 2009 12:29
 

 LONDON, Aug 4 (Reuters) - Britain sold 2.5 billion pounds
($4.24 billion) of conventional gilts due 2027 GBT4Q27= on
Tuesday, drawing a bid-to-cover ratio of 1.88.
 RESULT OF STG 2.5 BLN 4.25 PCT CONVENTIONAL GILTS DUE 2027 
                             (Prev)                 (Prev) 
                           (03/05/2007)          (03/05/2007)
LOWEST ACCEPTED PRICE  96.15    (92.85)   YIELD 4.562%  (4.800%)
NON-COMPETITIVE PRICE  96.26    (92.94)   YIELD 4.553%  (4.793%)
HIGHEST ACCEPTED PRICE 96.33    (93.03)   YIELD 4.547%  (4.786%)
 BID TO COVER            1.88      (1.98) 
 YIELD TAIL              0.9 bps   (0.7 bp) 
 PRICE TAIL              11 ticks  (9 ticks) 
 
 TOTAL BIDS RECEIVED        4,688.2 MLN   (4,457.877 MLN) 
 COMPETITIVE BIDS ALLOTTED  2,265.3 MLN   (2,050.550 MLN) 
 
 % ALLOTTED AT LOWEST ACCEPTED PRICE 43.5 PCT  (11.0 PCT) 
 NON-COMPETITIVE BIDS ALLOTTED: 
 - GEMMS STG 233.8 MLN     (198.750 MLN) 
 - OTHER STG   0.9 MLN       (0.70 MLN) 
 
 NOTE - The DMO said that it would offer 250 million pounds
more of the gilt to successful bidders via its post-auction
option facility later on Tuesday.