Tender 130

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 12 April 2016. Details of the tender are set out below.

Series Offered 1.00% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 100
First Coupon Payment Due* 21 May 2016
Nominal Value of Principal for First Coupon Payment ($) 104.65

*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, 12 April 2016.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 707KB | RTF 1.27MB] dated 4 March 2016.

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 Thursday, 14 April 2016.

Last updated: 12 April 2016

Results

12 April 2016

Series Offered 1.00% 21 November 2018
Series ID CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 100
Amount Allotted to Public ($million) 100
Weighted Average Issue Yield (%) 0.3798
Coverage Ratio 5.4100
Lowest Yield Accepted (%) 0.3750
Highest Yield Accepted (%) 0.3800
Total Amount of All Bids Received ($million) 541
Total Number of Bids 36
Total Number of Successful Bids 5
Number of Bids Allocated in Full 2
Best Bid (%) 0.3750
Worst Bid (%) 0.4925
Weighted Average Bid (%) 0.4040
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 81.9

*Individual allotments may vary due to rounding.

Last updated: 12 April 2016