Tender 110

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 24 February 2015. Details of the tender are set out below.

Series Offered 1.00% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 200
First Coupon Payment Due* 21 May 2015
Nominal Value of Principal for First Coupon Payment ($) 103.00

*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, 24 February 2015.

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 the tender are expected to be announced as soon as practicable after the closing time for the lodgement of bids.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in the tender must be settled in the Austraclear System on Friday, 27 February 2015.

Last updated: 20 July 2015

Results

24 February 2015

Series Offered 1.00% 21 November 2018
Series ID CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 200
Amount Allotted to Public ($million) 200
Weighted Average Issue Yield (%) 0.0042
Coverage Ratio 5.030
Lowest Yield Accepted (%) -0.0100
Highest Yield Accepted (%) 0.0200
Total Amount of All Bids Received ($million) 1,006
Total Number of Bids 55
Total Number of Successful Bids 13
Number of Bids Allocated in Full 11
Best Bid (%) -0.0100
Worst Bid (%) 0.1000
Weighted Average Bid (%) 0.0373
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 25

*Individual allotments may vary due to rounding.

Last updated: 20 July 2015