UKDMO UK Regulation Announcement: Debt Issues | Instant News



LONDON–() –

DMO-TAS041 / 2421/003
Eastcheap Court
11 Philpot Lane
London
EC3M 8UD
T 020 7862 6500
F 020 7862 6509

www.dmo.gov.uk

A102 20 May 21, 2020
PRESS NOTICE
SALES RESULTS BY AUCTION OF £ 2000 MILLION OF 4 T% STOCK TREASURI 2032

The United Kingdom Debt Management Office (“DMO”) announced that an auction of £ 2,000 million from the 432% Treasury 2032 Shares (ISIN Code: GB0004893086) has been allocated as follows:

(Note: all prices in this notification are quoted in pounds and pence)

1 All bids received at the lowest price received have been allocated 40,0000% of the total bid.

Competitive bids made at prices above the lowest price received have been fully allocated. Competitive bids made at prices below the lowest price received have been declined.
Price Produce
2 The accepted offer ranges are as follows:
Highest Received

£ 146,380

0.321%

Non-competitive allotment price
(e.g. round average prices received)

£ 146,376

0.321%

Received the lowest

£ 146,341

0.324%

Oxtail basic points 0.2 *
3 The total amount allocated and bids received are as follows:
The amount allocated for competitive bids £ 1.7 million
The amount allocated for non-competitive bids
Gold-eyed market makers £ 300,000 million
Others £ 0,000 million
Total £ 2,000,000 million
Total offer accepted £ 5,972,000 million
Closed time 2.99 times
4 An additional number of Shares totaling up to £ 500,000 million will be available to successful bidders for purchases at uncompetitive allotment prices, in accordance with the Memorandum of Information.
5 Stock allocated to CREST members will be credited to their account by sending member-to-member on the relevant settlement date.
* The tail is calculated as the result at the lowest price received minus the yield at the average price received
(using results that are not surrounded). This number is then multiplied by 100 to convert it to basis points.

Short Name: UKDMO

Category Code: IOD

Order Number: 699988

Reception Time (offset from UTC): 20200521T120109 + 0100



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