Tender 112

Announcement

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

Series Offered 1.25% 21 February 2022
Series Number CAIN409
ISIN AU000XCLWAB3
Offered to Public ($million) 200
First Coupon Payment Due* 21 May 2015
Nominal Value of Principal for First Coupon Payment ($) 107.00

*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 March 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 March 2015.

Last updated: 24 March 2015

Results

24 March 2015

Series Offered 1.25% 21 February 2022
Series ID CAIN409
ISIN AU000XCLWAB3
Offered to Public ($million) 200
Amount Allotted to Public ($million) 200
Weighted Average Issue Yield (%) 0.0542
Coverage Ratio 4.360
Lowest Yield Accepted (%) 0.0475
Highest Yield Accepted (%) 0.0600
Total Amount of All Bids Received ($million) 872
Total Number of Bids 59
Total Number of Successful Bids 10
Number of Bids Allocated in Full 8
Best Bid (%) 0.0475
Worst Bid (%) 0.1450
Weighted Average Bid (%) 0.0799
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 75

*Individual allotments may vary due to rounding.

Last updated: 24 March 2015