Tender 113

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 14 April 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 Standard Time on Tuesday, 14 April 2015.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 168KB | RTF 1MB] dated 27 March 2015.

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, 17 April 2015.

Last updated: 14 April 2015

Results

14 April 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 (%) -0.0763
Coverage Ratio 4.625
Lowest Yield Accepted (%) -0.0850
Highest Yield Accepted (%) -0.0700
Total Amount of All Bids Received ($million) 925
Total Number of Bids 47
Total Number of Successful Bids 13
Number of Bids Allocated in Full 9
Best Bid (%) -0.0850
Worst Bid (%) -0.0150
Weighted Average Bid (%) -0.0556
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: 14 April 2015