---
source: UK Debt Management Office (DMO)
url: https://www.dmo.gov.uk/media/1g5pdiov/pr290426.pdf
document_type: pdf
date_retrieved: 2026-05-06
period: May 2026
parent_publication: Press Notice - Auction of British Government Stock
indicators_covered: ["Index-linked Treasury Gilt 2035 Auction Details"]
country: GB
---

# Press Notice: Auction of 1⅛% Index-linked Treasury Gilt 2035

**Auction Date:** Wednesday, 6 May 2026  
**Issue and Settlement Date:** Thursday, 7 May 2026  
**Bidding Convention:** Uniform Price  
**Auction Open:** 9:00am London Time  
**Auction Close:** 10:00am London Time  
**Post Auction Option Facility:** 12:30pm – 1:00pm London Time

## Security Details

- **Title:** 1⅛% Index-linked Treasury Gilt 2035
- **Amount for auction:** £1,600 million (fungible with previous issues)
- **Nominal outstanding after auction:** £17,151.1 million (£17,938.2 million Index adjusted)
- **Maturity Date:** 22 September 2035
- **Interest Payment Dates:** 22 March and 22 September annually
- **ISIN:** GB00BT7HZZ68
- **SEDOL:** B-T7H-ZZ6
- **Reference Index (first issue date):** 390.88065 (as at 29 January 2025)
- **Index Ratio at 7 May 2026:** 1.04589
- **Interest Payable:** Gross (tax deduction optional)
- **Next Interest Payment:** 22 September 2026

**Index-adjusted accrued interest:** £0.147078281250 per £100 nominal

## Notes

- Bids may be competitive or non-competitive. Index-linked Gilt-edged Market Makers may bid via Bloomberg Bond Auction System between 9:00am and 10:00am on auction day.
- Post Auction Option Facility allows additional amount up to 25% of nominal allocated.

## Documentation

- Prospectus for auction of £1,600 million of 1⅛% Index-linked Treasury Gilt 2035 — available at: https://www.dmo.gov.uk/publications/
- Information Memorandum (10 March 2026): https://www.dmo.gov.uk/media/zj2p0lab/infmemadd100326.pdf
- Formulae for Calculating Gilt Prices from Yields (18 December 2024): https://www.dmo.gov.uk/media/334d05fo/yldeqns_v4.pdf

DMO: 29 April 2026