Tender 135

Announcement

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

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 150
First Coupon Payment Due* 21 August 2016
Nominal Value of Principal for First Coupon Payment ($) 105.96

*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 July 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 July 2016.

Last updated: 12 July 2016

Results

12 July 2016

Series Offered 2.00% 21 August 2035
Series ID CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 150
Amount Allotted to Public ($million) 150
Weighted Average Issue Yield (%) .6155
Coverage Ratio 3.6200
Lowest Yield Accepted (%) .6100
Highest Yield Accepted (%) .6175
Total Amount of All Bids Received ($million) 543
Total Number of Bids 42
Total Number of Successful Bids 11
Number of Bids Allocated in Full 6
Best Bid (%) .6100
Worst Bid (%) .6700
Weighted Average Bid (%) .6270
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 75

*Individual allotments may vary due to rounding.

Last updated: 12 July 2016