Tender 114

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 28 April 2015. Details of the tender are set out below.

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 200
First Coupon Payment Due* 21 May 2015
Nominal Value of Principal for First Coupon Payment ($) 104.19

*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, 28 April 2015.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 707KB | RTF 1.244MB] 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, 1 May 2015.

Last updated: 28 April 2015

Results

28 April 2015

Series Offered 2.00% 21 August 2035
Series ID CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 200
Amount Allotted to Public ($million) 200
Weighted Average Issue Yield (%) 0.5808
Coverage Ratio 2.880
Lowest Yield Accepted (%) 0.5700
Highest Yield Accepted (%) 0.5950
Total Amount of All Bids Received ($million) 576
Total Number of Bids 56
Total Number of Successful Bids 25
Number of Bids Allocated in Full 24
Best Bid (%) 0.5700
Worst Bid (%) 0.7125
Weighted Average Bid (%) 0.6174
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 2.7

*Individual allotments may vary due to rounding.

Last updated: 28 April 2015