Key facts
- UK will auction £5 billion of 4% Treasury Gilt 2029 on June 11.
- The auction is part of the government's debt management strategy.
The United Kingdom is set to conduct an auction for £5 billion worth of its 4% Treasury Gilt maturing in 2029 on June 11. This issuance is a component of the UK government's broader strategy for managing its national debt. The auction will provide insight into market demand for UK sovereign debt and influence prevailing gilt yields.