Tender 106

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 11 November 2014. Details of the tender are set out below.

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 150
First Coupon Payment Due* 21 February 2015
Nominal Value of Principal for First Coupon Payment ($) 103.85

*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 Daylight Time on Tuesday, 11 November 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. 106 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 11 November 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 106 must be settled in the Austraclear System on Friday, 14 November 2014.

Last updated: 20 July 2015

Results

11 November 2014

Series Offered 2.00% 21 August 2035
Series ID CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 150
Amount Allotted to Public ($million) 150
Weighted Average Issue Yield (%) 1.4194
Coverage Ratio 4.440
Lowest Yield Accepted (%) 1.4100
Highest Yield Accepted (%) 1.4250
Total Amount of All Bids Received ($million) 666
Total Number of Bids 65
Total Number of Successful Bids 22
Number of Bids Allocated in Full 17
Best Bid (%) 1.4100
Worst Bid (%) 1.5275
Weighted Average Bid (%) 1.4509
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 12.5

*Individual allotments may vary due to rounding.

Last updated: 20 July 2015