UK attracts record demand for linker sale via syndication
Recasts and updates with DMO statement, order book details
July 9 (Reuters) -Britain attracted record demand for an inflation-linked government bond at a sale via syndication on Tuesday, the Debt Management Office said after it sold 4.5 billion pounds ($5.8 billion) of a 30-year gilt.
The DMO said orders topped 64 billion pounds from 222 investors - which was also a record high -with domestic buyers taking 91% of the final allocation.
The 1.25% 2054 gilt GBIL1Q54= was sold at a price of 95.732, equivalent to a 1.4236% real yield.
"This transaction met with a very strong reception from a broad range of investors, including significant participation from our core investor base," said DMO Chief Executive Jessica Pulay.
"The offering saw the largest investor order book - as well as a record number of investor orders - of any of our index-linked gilt."
BNP Paribas, J.P. Morgan, Morgan Stanley and Nomura acted jointly as bookrunners for the deal.
($1 = 0.7811 pounds)
Reporting by Andy Bruce
Editing by William Schomberg
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