Tender 100

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 12 August 2014. Details of the tender are set out below.

Series Offered 3.00% 20 September 2025
Series Number CAIN407
ISIN AU0000XCLWP8
Offered to Public ($million) 100
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 100
First Coupon Payment Due* 20 September 2014
Nominal Value of Principal for First Coupon Payment ($) 113.73

*Coupons will be paid at quarterly intervals thereafter.

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Standard Time on Tuesday, 12 August 2014.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 100 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 12 August 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 100 must be settled in the Austraclear System on Friday, 15 August 2014.

Last updated: 7 October 2014

Results

12 August 2014

Series Offered 3.00% 20 September 2025
Series ID CAIN407
ISIN AU0000XCLWP8
Offered to Public ($million) 100
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 100
Amount Allotted to Public ($million) 100
Weighted Average Issue Yield (%) 1.0156
Coverage Ratio 5.470
Lowest Yield Accepted (%) 0.9975
Highest Yield Accepted (%) 1.0225
Total Amount of All Bids Received ($million) 547
Total Number of Bids 57
Total Number of Successful Bids 22
Number of Bids Allocated in Full 20
Best Bid (%) 0.9975
Worst Bid (%) 1.1125
Weighted Average Bid (%) 1.0461
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 29.4

*Individual allotments may vary due to rounding.

Last updated: 7 October 2014