3 Months UK Treasury Bill Maturing on 27-Jan-2025 New Issue
This offer is now closed for applications through interactive investor
Results of Offer
- The United Kingdom Debt Management Office (DMO) has confirmed the result of the sale by auction of £1.5 billion of 3 Months Treasury Bill Maturing on 27 January 2025 (the 'UKTB').
- To achieve a successful allocation of UKTBs in the auction process, we submitted a bid taking account of the prevailing market conditions at the time, the yields accepted on the previous week's auction.Â
- Our accepted bid of 4.69% means the issue price paid was 98.84 pence per each £1 nominal.
- Applicants will receive approximately 99.7% of the amount they applied for rounded down to the nearest penny.
- The allocation of UKTBs and uninvested cash is being credited to accounts today (Friday 25 October 2024). Confirmation of the allocations will be sent once the UKTBs and refunds are showing on accounts.
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Key information
| Issue price (per UKTB): | 98.84423 pence per each £1 nominal. |
| Minimum investment: | £1,000 (multiples of £100 thereafter) |
| Maximum investment: | No maximum |
| Coupon: | 0% |
| Annualised yield: | 4.69% |
| Maturity date: | 27 January 2025 |
Expected timetable
| Offer open: | 22 October 2024 |
| Offer close: | 24 October 2024 (1.30pm) |
| Price confirmation: | 25 October 2024 (11am) |
| Issue date of the UKTB: | 28 October 2024 |
The key dates for the offer are indicative only and subject to change without notice.
Offer documents
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared by and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3Â 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.