An auction conducted by the UK Debt Management Office (DMO) to sell 5-year government bonds, known as Gilts. The auction's success is measured by the 'bid-to-cover' ratio and the average yield achieved. It serves as a primary tool for the UK government to finance its budget deficit and manage national debt.
The auction uses a competitive bidding process where institutional investors submit bids for the amount and price. The DMO then determines the clearing price and yield based on the total demand.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 4, 2026 | 4.61 | — | — |
| Jun 24, 2026 | 4.28 | — | — |
| May 28, 2026 | 4.28 | — | — |
| May 12, 2026 | 4.65 | — | — |
| Mar 17, 2026 | 4.23 | — | — |
| Mar 5, 2026 | 3.81 | — | — |
| Feb 10, 2026 | 4.00 | — | — |
| Jan 21, 2026 | 3.82 | — | — |
| Jan 7, 2026 | 3.98 | — | — |
| Dec 16, 2025 | 4.09 | — | — |
| Dec 3, 2025 | 3.85 | — | — |
| Nov 25, 2025 | 4.09 | — | — |
| Nov 4, 2025 | 3.85 | — | — |
| Oct 23, 2025 | 4.00 | — | — |
| Oct 8, 2025 | 4.09 | — | — |
| Sep 24, 2025 | 4.09 | — | — |
| Aug 12, 2025 | 4.02 | — | — |
| Jul 17, 2025 | 4.08 | — | — |
| Jun 17, 2025 | 4.06 | — | — |
| May 7, 2025 | 3.98 | — | — |
| Apr 9, 2025 | 4.14 | — | — |
| Mar 5, 2025 | 4.31 | — | — |
| Feb 4, 2025 | 4.28 | — | — |
| Jan 8, 2025 | 4.49 | — | — |
| Dec 17, 2024 | 4.35 | — | — |
| Oct 29, 2024 | 4.15 | — | — |
| Oct 2, 2024 | 3.88 | — | — |
| Sep 5, 2024 | 3.81 | — | — |
| Aug 7, 2024 | 3.85 | — | — |
| Jul 17, 2024 | 4.02 | — | — |
| Jun 18, 2024 | 4.08 | — | — |
| May 22, 2024 | 4.20 | — | — |
| Apr 30, 2024 | 4.25 | — | — |
| Mar 26, 2024 | 3.93 | — | — |
| Mar 5, 2024 | 4.31 | — | — |
| Feb 21, 2024 | 4.09 | — | — |
| Feb 7, 2024 | 4.13 | — | — |
| Jan 24, 2024 | 3.95 | — | — |
| Dec 12, 2023 | 4.04 | — | — |
| Nov 1, 2023 | 4.47 | — | — |
| Sep 6, 2023 | 4.80 | — | — |
| Jul 19, 2023 | 4.58 | — | — |
| Jun 20, 2023 | 4.93 | — | — |
| May 17, 2023 | 3.96 | — | — |
| Apr 19, 2023 | 4.04 | — | — |
| Mar 22, 2023 | 3.75 | — | — |
| Feb 7, 2023 | 3.35 | — | — |
| Jan 5, 2023 | 3.67 | — | — |
| Dec 6, 2022 | 3.47 | — | — |
| Nov 10, 2022 | 3.63 | — | — |
