U.K. Sells 3.25 Billion Pounds in March 2037 Green Gilt

By Miriam MukuruThe U.K.'s Debt Management Office sold 3.25 billion pounds ($4.31 billion) in March 2037-dated green gilts at an auction on Thursday, it said.The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on June 2.Issu…

By Miriam Mukuru

The U.K.'s Debt Management Office sold 3.25 billion pounds ($4.31 billion) in March 2037-dated green gilts at an auction on Thursday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on June 2.

Issue 4.625% March 7, 2037 green gilt Amount on offer 3.25 billion Bids received 10.7 billion Bids accepted 3.25 billion Bid-to-cover ratio 3.31 (3.63) Average yield 4.934% (4.975%) Average price 97.45 (97.10) Maximum yield 4.935% (4.977%) Yield Tail 0.2Bps (0.2Bps) Settlement date July 3, 2026

Write to Miriam Mukuru at miriam.mukuru@wsj.com