News Headline Summary

UK T-bill auction results:

-UK sells GBP 500mln 1-month T-bills, bid/cover 3.12, prev. 3.23 (yield 0.214%, prev. 0.207%)

-UK sells GBP 500mln 3-month T-bills, bid/cover 3.27, prev. 4.42 (yield 0.264%, prev. 0.252%)

-UK sells GBP 1.5bln 6-month T-bills, bid/cover 2.24, prev. 3.24 (yield 0.348% , prev. 0.337%)

Reaction details:

- No immediate reaction observed as this is a regular cash management op conducted by the DMO.

Print 11:07, 18 Jan 2013 - Fixed Income - Source: Newswires