Treasury Notes, Treasury Bonds and Treasury Indexed Bonds are issued by competitive tender.
The tenders are conducted by the AOFM using the AOFM Tender System. The Tender System is accessed via the Yieldbroker DEBTS System. Bids for stock offered for sale via the Tender System may only be submitted by parties that are registered with the AOFM.
- To register requires entering into a Registered Bidder Agreement with the AOFM which binds the Registered Bidder and AOFM to the AOFM Tender System Conditions of Operation.
- All bids must comply with the applicable Information Memorandum.
- Erroneous bids will be treated in the manner described in the AOFM's Erroneous Tender Bids Policy.
Tender announcements provide full details of the tender, including details of the stock that is being offered.
Tender results are announced as soon as possible after the close of bidding.
- Notification of tender announcements and results can be obtained by subscribing to the AOFM email service.