By Laura Contemori – ROME (Econostream) – The UK Debt Management Office (DMO) on Wednesday allotted £1.25 billion nominal of the 0⅛% Index-linked Treasury Gilt 2031.

The average accepted real clean price was 95.980, corresponding to a real yield of 0.933%. The inflation-adjusted clean price was 135.478649.

The DMO received total bids of £5.330 billion, resulting in a bid-to-cover ratio of 4.26.

Of the total amount allotted, £1.0625 billion was allocated to competitive bids, while £187.5 million was allotted to non-competitive bids.

The DMO said an additional amount of up to £312.5 million of the gilt was available to successful bidders for purchase at the non-competitive allotment price.