Tender 136

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday 9 August 2016. Details of the tender are set out below.

Series Offered 2.50% 20 September 2030
Series Number CAIN408
ISIN AU0000XCLWV6
Offered to Public ($million) 150
First Coupon Payment Due* 20 September 2016
Nominal Value of Principal for First Coupon Payment ($) 114.32

*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, 9 August, 2016

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 111KB | RTF 1.318MB] dated 27 July 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, 11, August, 2016

Last updated: 9 August 2016

Results

9 August 2016

Series Offered 2.50% 20 September 2030
Series ID CAIN408
ISIN AU0000XCLWV6
Offered to Public ($million) 150
Amount Allotted to Public ($million) 150
Weighted Average Issue Yield (%) .3921
Coverage Ratio 2.6333
Lowest Yield Accepted (%) .3800
Highest Yield Accepted (%) .4075
Total Amount of All Bids Received ($million) 395
Total Number of Bids 38
Total Number of Successful Bids 15
Number of Bids Allocated in Full 15
Best Bid (%) .3800
Worst Bid (%) .5425
Weighted Average Bid (%) .4390
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 9 August 2016