LONDON--UK Financial Investments Ltd. said Tuesday it has sold 5.4% of the issued shares of Royal Bank of Scotland Group PLC at 330 pence, raising 2.08 billion pounds ($3.25 billion) for the treasury.

Following the sale HM Treasury's economic interest in RBS, which includes its holding of ordinary shares and B shares in the company, will be reduced to 72.9%. It has agreed not to sell any more shares for 90 days.

Write to Ian Walker at ian.walker@wsj.com

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