We spoke to new Sterling Energy CEO Tony Hawkins about the latest changes happening at the company. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks0 3/4 Tg 23 Regulatory News (TG23)

Share Price Information for 0 3/4 Tg 23 (TG23)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 101.31
Bid: 98.69
Ask: 103.59
Change: 0.00 (0.00%)
Spread: 4.90 (4.97%)
Open: 101.31
High: 101.843
Low: 101.699
Yest. Close: 101.31
TG23 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Issue of Debt

Tue, 9th Jan 2018 15:40

    Eastcheap Court

11 Philpot Lane




Tel 020 7862 6500

Fax 020 7862 6509





9 January 2018


Auction Details
Auction Date   Thursday, 18 January 2018
Issue and Settlement Date Friday, 19 January 2018
Bidding Convention Fully paid Bid Price (see Note 1)
Rebate Interest to be deducted from amount payable with bid £0.006114 per £100 nominal
Auction Close 10:30am London Time
Details of Security
Title   0¾% Treasury Gilt 2023
Amount (nominal) for auction £2,500 million (fungible with previous issues) (see Note 3)
Nominal outstanding after auction £17,483.6 million
Maturity Date 22 July 2023 at par
Interest Dates 22 January – 22 July
ISIN Code GB00BF0HZ991
SEDOL Code B-F0H-Z99
Strippable No (see Note 4)
Interest Payable Gross (see Note 2)
Next Receivable Interest Payment Date 22 July 2018 (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 later than 10.30 am on Thursday, 18 January 2018 .

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 15% 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.

Note 4: The Gilt may not be stripped and reconstituted until so specified in a notice issued by the DMO.


DMO : 9 January 2018

Information Memorandum relating to the Issue, Stripping and Reconstitution of British Government Stock

DMO : January 2017


Formulae for Calculating Gilt Prices from Yields

DMO : 16 March 2005


Applications from Members of the Approved Group of Investors

Application forms from Approved Group members must be sent to Computershare Investor Services PLC, who is acting on behalf of the DMO, at the following address: British Government Stocks (Gilts), Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol, BS99 6ZW to arrive not later than 10.00 am on Thursday, 18 January 2018 . They may also be lodged by hand at the DMO, Eastcheap Court, 11 Philpot Lane, London, EC3M 8UD not later than 10.00 am on Thursday, 18 January 2018.

The amount payable on application in the case of a non-competitive bid made by a member of the Approved Group is £101.50 per £100 nominal of the Gilt.

Remit 2017-18

Gilt sales of £115.1 billion (cash) are planned in 2017-18.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180109006252/en/

Copyright Business Wire 2018

Date   Source Headline
9th Jan 20183:40 pmBUSIssue of Debt

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.