Government bond auction · United Kingdom

United Kingdom Treasury Gilt 2033 Auction

The United Kingdom Treasury Gilt 2033 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
Next release
Currency
GBP · pound sterling
Central bank
The Bank of England

Latest figures

The latest release, published on 25 August 2026, came in at 4.761%, up from 4.519% the time before.

Over the last 7 releases it ranged from 4.075% to 4.761%, averaging 4.414%.

Oct 2025: 4.191%Jan 2026: 4.296%Feb 2026: 4.075%Apr 2026: 4.507%May 2026: 4.550%Jul 2026: 4.519%Aug 2026: 4.761% Oct 2025Aug 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
25 Aug 2026–4.761%–4.519%
7 Jul 2026–4.519%–4.550%
27 May 2026–4.550%–4.507%
9 Apr 2026–4.507%–4.075%
24 Feb 2026–4.075%–4.296%
27 Jan 2026–4.296%–4.191%
29 Oct 2025–4.191%–3.697%

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 Treasury Gilt 2033 Auction?

The United Kingdom Treasury Gilt 2033 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 Treasury Gilt 2033 Auction?

4.761%, published on 25 August 2026.

When is the next United Kingdom Treasury Gilt 2033 Auction?

On Thursday 12 November 2026 at 10:00 UTC.

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