Tender 140

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 18 October 2016. Details of the tender are set out below.

Series Offered 1.25% 21 August 2040
Series Number CAIN413
ISIN AU000XCLWAO6
Offered to Public ($million) 100
First Coupon Payment Due* 21 November 2016
Nominal Value of Principal for First Coupon Payment ($) 101.77

*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, 18 October 2016.

All bids must comply with the Information Memorandum for Treasury Indexed 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, 20 October 2016.

Last updated: 18 October 2016

Results

18 October 2016

Series Offered 1.25% 21 August 2040
Series ID CAIN413
ISIN AU000XCLWAO6
Offered to Public ($million) 100
Amount Allotted to Public ($million) 100
Weighted Average Issue Yield (%) 0.7169
Coverage Ratio 2.9100
Lowest Yield Accepted (%) 0.7000
Highest Yield Accepted (%) 0.7250
Total Amount of All Bids Received ($million) 291
Total Number of Bids 38
Total Number of Successful Bids 15
Number of Bids Allocated in Full 15
Best Bid (%) 0.7000
Worst Bid (%) 0.8325
Weighted Average Bid (%) 0.7528
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 18 October 2016