Tender 108

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 9 December 2014. Details of the tender are set out below.

Series Offered 1.00% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 300
First Coupon Payment Due* 21 February 2015
Nominal Value of Principal for First Coupon Payment ($) 102.66

*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, 9 December 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. 108 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 9 December 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 108 must be settled in the Austraclear System on Friday, 12 December 2014.

Last updated: 20 July 2015

Results

9 December 2014

Series Offered 1.00% 21 November 2018
Series ID CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 300
Amount Allotted to Public ($million) 300
Weighted Average Issue Yield (%) 0.5528
Coverage Ratio 5.053
Lowest Yield Accepted (%) 0.5400
Highest Yield Accepted (%) 0.5600
Total Amount of All Bids Received ($million) 1,516
Total Number of Bids 81
Total Number of Successful Bids 19
Number of Bids Allocated in Full 14
Best Bid (%) 0.5400
Worst Bid (%) 0.6550
Weighted Average Bid (%) 0.5736
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 53.3

*Individual allotments may vary due to rounding.

Last updated: 20 July 2015