---
title: "U.K. Sells 4 Billion Pounds in March 2031 Gilt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286072522.md"
description: "The U.K.'s Debt Management Office auctioned 4 billion pounds ($5.44 billion) in March 2031-dated gilts. The auction received bids totaling 13.4 billion pounds, with a bid-to-cover ratio of 3.36. The average yield was 4.651%, and the average price was 97.75. The maximum yield reached 4.653%. The settlement date for the auction is May 13, 2026."
datetime: "2026-05-12T09:45:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286072522.md)
  - [en](https://longbridge.com/en/news/286072522.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286072522.md)
---

# U.K. Sells 4 Billion Pounds in March 2031 Gilt

By Miriam Mukuru

The U.K.'s Debt Management Office sold 4 billion pounds ($5.44 billion) in March 2031-dated gilts at an auction on Tuesday, it said.

The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on Mar. 17, 2026.

Issue              4.125% Mar. 7, 2031 gilt  Amount on offer    4.0  billion  Bids received      13.4 billion  Bids accepted      4.0  billion  Bid-to-cover ratio 3.36    (3.33)  Average yield      4.651%  (4.228%)  Average price      97.75    (99.54)  Maximum yield      4.653%  (4.231%)  Settlement date    May. 13, 2026   

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

(END) Dow Jones Newswires

May 12, 2026 05:26 ET (09:26 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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