This event represents the sale of UK government bonds (Gilts) with a three-year maturity by the Debt Management Office. These auctions are a vital tool for financing the government deficit and managing public debt. Investors monitor the average yield and the bid-to-cover ratio to gauge demand levels and confidence in the UK economy.
The yield is determined through a competitive bidding process where investors submit bids. The UK Debt Management Office sells the bonds to those offering the highest price (lowest yield).
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jun 4, 2025 | 4.06 | — | — |
| Apr 30, 2025 | 3.83 | — | — |
| Apr 16, 2025 | 3.63 | — | — |
| Oct 23, 2024 | 4.08 | — | — |
| Aug 21, 2024 | 4.07 | — | — |
| Jul 2, 2024 | 4.44 | — | — |
| Jun 5, 2024 | 4.50 | — | — |
| Apr 10, 2024 | 4.20 | — | — |
| Mar 5, 2024 | 4.31 | — | — |
| Feb 7, 2024 | 4.13 | — | — |
| Jan 10, 2024 | 3.89 | — | — |
