An auction was held on 11.2.2003 for the sale by the Central Bank of
The total value of the bids submitted was £78.994.500; competitive bids amounted to £72.402.000 while non-competitive bids to £6.592.500. The total value of bids accepted was £29.555.500, of which £22.963.000 represent competitive bids and the remaining £6.592.500 non-competitive.
The lowest and highest prices of the competitive bids accepted were £100,73 and £100,95 respectively for every £100 nominal value, representing annual yields of 4,58% and 4,53% respectively. In accordance with the published terms of the auction non‑competitive bids amounting to £6.592.500 were accepted at the weighted average yield/price of the accepted competitive bids. This price was £100,87 per £100 nominal value representing an annual yield of 4,55%.