The Minster Building
21 Mincing Lane
Tel 020 7862 6500
12 May 2021
AUCTION OF BRITISH GOVERNMENT STOCK
Wednesday, 19 May 2021
Issue and Settlement Date
Thursday, 20 May 2021
Fully paid Bid Price (see Note 1)
Accrued Interest payable with bid
£0.188190607735 per £100 nominal
9:00am London Time
10:00am London Time
Post Auction Option Facility Open
12:30pm London Time
Post Auction Option Facility Close
1:00pm London Time
Details of Security
0⅝% Treasury Gilt 2035
Amount (nominal) for auction
£2,500 million (fungible with previous issues) (see Note 3)
Nominal outstanding after auction
31 July 2035 at par
Interest Payment Dates
31 January and 31 July
No (see Note 4)
Gross (see Note 2)
Next Interest Payment Date
31 July 2021 (Standard Coupon)
Note 1: Bids may be made on either a competitive or a non-competitive basis. Details of the bidding procedures are set out in the prospectus and in the Information Memorandum. Gilt-edged Market Makers may bid by means of the Bloomberg Bond Auction System to the DMO not earlier than 9.00 am on Wednesday, 19 May 2021 and not later than 10.00 am on Wednesday, 19 May 2021.
Note 2: Holders may elect to have United Kingdom income tax deducted from interest payments, should they so wish, on application to the Registrar, Computershare Investor Services PLC.
Note 3: Subject to the provisions of the Information Memorandum, this auction will be eligible for the Post Auction Option Facility of an additional amount of the Gilt equivalent to 25% of the nominal amount of the Gilt allocated at the auction. Details of the Post Auction Option Facility procedures are set out in the Information Memorandum as supplemented by the prospectus.
Note 4: The Gilt may not be stripped and reconstituted until so specified in a notice issued by the DMO.
Applications from Members of the Approved Group of Investors
For this auction applications may not be made by members of the Approved Group.
Category Code: IOD
Sequence Number: 737233
Time of Receipt (offset from UTC): 20210513T100615+0100