Tender 124

Announcement

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

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 200
First Coupon Payment Due* 21 February 2016
Nominal Value of Principal for First Coupon Payment ($) 105.42

*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 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, 27 November 2015.

Last updated: 26 November 2015

Results

24 November 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 (%) 1.1176
Coverage Ratio 3.5650
Lowest Yield Accepted (%) 1.1050
Highest Yield Accepted (%) 1.1275
Total Amount of All Bids Received ($million) 713
Total Number of Bids 62
Total Number of Successful Bids 21
Number of Bids Allocated in Full 18
Best Bid (%) 1.1050
Worst Bid (%) 1.1875
Weighted Average Bid (%) 1.1377
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 5.6

*Individual allotments may vary due to rounding.

Last updated: 26 November 2015