Tender 123

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 10 November 2015. Details of the tender are set out below.

Series Offered 1.25% 21 August 2040
Series Number CAIN413
ISIN AU000XCLWAO6
Offered to Public ($million) 150
First Coupon Payment Due* 21 November 2015
Nominal Value of Principal for First Coupon Payment ($) 100.61

*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, 10 November 2015.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 146KB | RTF 1.134MB] dated 14 August 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, 13 November 2015.

Last updated: 10 November 2015

Results

10 November 2015

Series Offered 1.25% 21 August 2040
Series ID CAIN413
ISIN AU000XCLWAO6
Offered to Public ($million) 150
Amount Allotted to Public ($million) 150
Weighted Average Issue Yield (%) 1.2698
Coverage Ratio 3.900
Lowest Yield Accepted (%) 1.2675
Highest Yield Accepted (%) 1.2725
Total Amount of All Bids Received ($million) 585
Total Number of Bids 47
Total Number of Successful Bids 5
Number of Bids Allocated in Full 5
Best Bid (%) 1.2675
Worst Bid (%) 1.3775
Weighted Average Bid (%) 1.2982
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 10 November 2015