Issue of Debt

 
TIDMAUC 
 
 
United Kingdom      Eastcheap Court 
Debt                11 Philpot Lane 
Management          London EC3M 8UD 
Office 
                    Tel. [phone] 
                    Fax. [phone] 
14/09               27 January 2009 
PRESS NOTICE 
 
 

  AUCTION OF UK GOVERNMENT SECURITY (GILT) 
 
Auction Details 
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Auction Date                         Wednesday, 4 February 2009 
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Issue and Settlement Date            Thursday, 5 February 2009 
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Bidding Convention                   Fully paid Bid Price (see Note 1) 
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Accrued Interest payable with bid    GBP0.700549 per GBP100 nominal 
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Auction Close                        10:30am London Time 
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Details of Security 
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Title                  4¼% Treasury Gilt 2049 
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Amount (nominal)       GBP2,000 million (fungible with previous issues) 
for issue 
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Nominal outstanding    GBP10,063 million 
after issue 
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Maturity Date          7 December 2049 at par 
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Interest Dates         7 June - 7 December 
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Parent ISIN Code       GB00B39R3707 
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Parent SEDOL Code      B-39R-370 
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Strippable             Yes, since 3 December 2008 
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Interest Payable       Gross (see Note 2) 
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Next Interest Date     7 June 2009 (Standard Coupon) 
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"When Issued" Trading         under London Stock Exchange Rule 1530 
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Commences                     3:30pm London Time: 27 January 2009 
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Closes                        Close of business: 4 February 2009 
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"When issued" ISIN Code       GB00B3KJB609 
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"When issued" SEDOL Code      B-3KJ-B60 
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TIDM (for trade reporting)    AUC 
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  Note 1: Bids may be made on either a competitive or a non-competitive basis. Details of the bidding procedures are set out in the prospectus and in the Information Memorandum. Gilt-edged Market Makers may bid by means of the Bloomberg Bond Auction System to the DMO not later than 10.30 am on Wednesday, 4 February 2009. 
 

  Note 2: Holders may elect to have United Kingdom income tax deducted from interest payments, should they so wish, on application to the Registrar, Computershare Investor Services PLC. 
 
Documentation 
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Prospectus        www.dmo.gov.uk/documentview.aspx?docName=/gilts/public/prospectus/prosp270109b.pdf 
DMO : 27 
January 
2009 
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Information       www.dmo.gov.uk/documentview.aspx?docname=publications/operationalrules/infmem200807.pdf 
Memorandum 
relating 
to the 
Issue, 
Stripping 
and 
Reconstitution 
of 
British 
Government 
Stock 
DMO 
: August 
2007 
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Formulae          www.dmo.gov.uk/documentview.aspx?docname=/giltsmarket/formulae/yldeqns.pdf 
for 
Calculating 
Gilt 
Prices 
from 
Yields 
DMO : 16 
March 
2005 
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  Applications from Members of the Approved Group of Investors 
 

  Application forms from Approved Group members must be sent to Computershare Investor Services PLC, who are acting on behalf of the DMO, at the following address: PO Box 2411, The Pavilions, Bristol, BS99 6WX to arrive not later than 10.00 am on Wednesday, 4 February 2009. They may also be lodged by hand at the DMO, Eastcheap Court, 11 Philpot Lane, London, EC3M 8UD not later than 10.00 am on Wednesday, 4 February 2009. 
 

  The amount payable on application in the case of a non-competitive bid made by a member of the Approved Group is GBP99 per GBP100 nominal of the Gilt. 
 

  Remit 2008-09 
 

  Gilt sales of GBP146.4 billion (cash) are planned in 2008-09.