By Miriam MukuruThe U.K's Debt Management Agency sold 4 billion pounds ($5.05 billion) in June 2028 dated gilts at an auction on Wednesday, it said. The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction, held on Jan 24, 2024. Issue 4.5% June 7 2028 gilt Amount on offer 4.0 bln Bids received 13.4 bln Bids accepted 4.0 bln Bid-to-cover ratio 3.34 (2.86) Average yield 4.095% (3.946%) Average price 101.57 (102.20) Maximum yield 4.099% (3.958%) Settlement date Feb. 22, 2024Write to Miriam Mukuru at miriam.mukuru@wsj.com(END) Dow Jones NewswiresFebruary 21, 2024 05:57 ET (10:57 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal February 21, 2024 11:12 UTC