The U.K. Debt Management Office raised approximately 4.8 billion pounds ($6.41 billion) through the reopening of the 1.75% Sept. 2038 index-linked gilt via a syndication, it said.

U.K. domestic investors were the dominant buyers of the gilt, taking around 89% of the allocation, the DMO said.

"I was particularly encouraged to see such strong participation from high-quality investors in [Tuesday's] transaction", DMO Chief Executive Officer Jessica Pulay said.

The transaction was the third syndication planned in the DMO's program in the fiscal year 2027, the DMO said.

Write to Miriam Mukuru at miriam.mukuru@wsj.com

(END) Dow Jones Newswires

July 14, 2026 10:55 ET (14:55 GMT)

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