Date : Monday 18 May 2026 2:47PM

14:47 Asset Purchase Facility gilt sale operation results

Total bids received   Stg 2,111.9mn
Total bids accepted   Stg 825.0mn
The cover ratio in the competitive auction was therefore 2.56

Summary

Bond                        Bids Received   Bids Accepted     WAAP  Lowest AP
UKT_0.875_221029              Stg 688.5mn     Stg 644.1mn   88.772      88.744
UKT_0.375_221030               Stg 75.3mn      Stg 00.0mn    0.000       0.000
UKT_4.75_071230               Stg 324.6mn     Stg 118.5mn  100.953     100.940
UKT_0.25_310731                Stg 28.1mn      Stg 00.0mn    0.000       0.000
UKT_4.25_070632               Stg 995.4mn      Stg 62.4mn   97.708      97.700

UKT_0.875_221029
Total bids received                  Stg 688mn
Total bids accepted                  Stg 644mn
Weighted average yield               4.444%
Weighted average price               88.772
Highest accepted price               88.781
Lowest accepted price                88.744
Tail                                 0.03
Bids at the lowest accepted price were allotted 100.00% of the value of the
bid.

UKT_0.375_221030
Total bids received                  Stg 75mn
Total bids accepted                  Stg 0mn
Weighted average yield               0.000%

Weighted average price               0.000
Highest accepted price               0.000
Lowest accepted price                0.000
Tail                                 0.00
Bids at the lowest accepted price were allotted 0.00% of the value of the bid.

UKT_4.75_071230
Total bids received                  Stg 325mn
Total bids accepted                  Stg 119mn
Weighted average yield               4.515%
Weighted average price               100.953
Highest accepted price               100.955
Lowest accepted price                100.940
Tail                                 0.01
Bids at the lowest accepted price were allotted 100.00% of the value of the

bid.

UKT_0.25_310731
Total bids received                  Stg 28mn
Total bids accepted                  Stg 0mn
Weighted average yield               0.000%
Weighted average price               0.000
Highest accepted price               0.000
Lowest accepted price                0.000
Tail                                 0.00
Bids at the lowest accepted price were allotted 0.00% of the value of the bid.

UKT_4.25_070632
Total bids received                  Stg 995mn
Total bids accepted                  Stg 62mn

Weighted average yield               4.689%
Weighted average price               97.708
Highest accepted price               97.720
Lowest accepted price                97.700
Tail                                 0.01
Bids at the lowest accepted price were allotted 25.07% of the value of the bid.

09:00 18/05/26 APF gilt sale operation
Date of operation                        18/05/26
Time for submission of competitive bids  14:15 - 14:45
Auction type                             Variable price operation
Allotment method                         Discriminatory price basis
Minimum bid amount                       Stg 5mn
Multiples of                             Stg 1mn

Total size of operation                  Stg 825mn

Eligible stocks   Settlement date
UKT_0.875_221029  19/05/26
UKT_0.375_221030  19/05/26
UKT_4.75_071230   19/05/26
UKT_0.25_310731   19/05/26

UKT_4.25_070632   19/05/26