UK to Auction £4 Billion of Treasury Gilt 2033 at £1,000.03

The UK Debt Management Office announced it will auction £4 billion of 4⅛% Treasury Gilt 2033 on Tuesday, August 25. The securities will be issued and settled on Wednesday, August 26. The auction will open at 9:00am London time and close at 10:00am on August 25. The gilt carries a 4.125% coupon with interest payments on March 7 and September 7 each year. The securities mature on March 7, 2033 at par. The ISIN code is GB00BVP99780. The amount being auctioned is fungible with previous issues, and the total nominal amount outstanding will be £29.69 billion after the auction.