The FINANCIAL -- The U.K.'s Debt Management Office has set price guidance on a benchmark-size tap of its 2062 index-linked gilt, one of the banks running the deal said Tuesday.

According to Borsa Italiana - London Stock Exchange Group, initial guidance is 25 basis points under to 75 basis points over the corresponding U.K. government bond.

Deutsche Bank AG, Goldman Sachs Group International, Royal Bank of Scotland Group PLC and UBS AG are the lead managers on the sale.

The U.K. is rated triple-A by all three of the major ratings companies.

The re-opening of the 2062 index-linked treasury gilt will be the eighth and final such transaction in the 2011-12 programme, which has raised GBP30 billion to date.

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