Government bond auction · United Kingdom

United Kingdom Index-linked Treasury Gilt 2035 Auction

The United Kingdom Index-linked Treasury Gilt 2035 Auction is a sale of new government debt by the United Kingdom's treasury or debt agency to investors.

Importance
Low
Released
About every six weeks
Currency
GBP · pound sterling
Central bank
The Bank of England

Latest figures

The latest release, published on 6 October 2026, came in at 1.860%, up from 1.725% the time before.

Over the last 9 releases it ranged from 1.432% to 1.860%, averaging 1.617%; it has been rising for three releases in a row.

Jul 2025: 1.588%Aug 2025: 1.728%Oct 2025: 1.673%Oct 2025: 1.571%Jan 2026: 1.432%May 2026: 1.463%Jun 2026: 1.515%Aug 2026: 1.725%Oct 2026: 1.860% Jul 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
6 Oct 2026–1.860%–1.725%
12 Aug 2026–1.725%–1.515%
3 Jun 2026–1.515%–1.463%
6 May 2026–1.463%–1.432%
13 Jan 2026–1.432%–1.571%
28 Oct 2025–1.571%–1.673%
1 Oct 2025–1.673%–1.728%
19 Aug 2025–1.728%–1.588%
22 Jul 2025–1.588%––

See it in the economic calendar →

Why it matters

Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.

How it is calculated

Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.

Bid-to-cover = amount bid ÷ amount sold

What changes mean

  • Bid-to-cover above its recent average and no tail: solid demand.
  • Index-linked and green bonds are smaller auctions with their own investor base.

A short history

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

Questions

What is the United Kingdom Index-linked Treasury Gilt 2035 Auction?

The United Kingdom Index-linked Treasury Gilt 2035 Auction is a sale of new government debt by the United Kingdom's treasury or debt agency to investors.

What was the latest United Kingdom Index-linked Treasury Gilt 2035 Auction?

1.860%, published on 6 October 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.