Tender 117

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 23 June 2015. Details of the tender are set out below.

Series Offered 1.00% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 300
First Coupon Payment Due* 21 August 2015
Nominal Value of Principal for First Coupon Payment ($) 103.20

*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, 23 June 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, 26 June 2015.

Last updated: 23 June 2015

Results

23 June 2015

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 (%) 0.0384
Coverage Ratio 3.550
Lowest Yield Accepted (%) 0.0250
Highest Yield Accepted (%) 0.0425
Total Amount of All Bids Received ($million) 1,065
Total Number of Bids 52
Total Number of Successful Bids 7
Number of Bids Allocated in Full 6
Best Bid (%) 0.0250
Worst Bid (%) 0.1100
Weighted Average Bid (%) 0.0552
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 36

*Individual allotments may vary due to rounding.

Last updated: 23 June 2015