Tender 149

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 30 May 2017. Details of the tender are set out below.

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 150
First Coupon Payment Due* 21 August 2017
Nominal Value of Principal for First Coupon Payment ($) 107.86

*Coupons will be paid at quarterly intervals thereafter.

Lodgment 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, 30 May 2017.

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 lodgment of bids.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in the tender must be settled in the Austraclear System on Thursday, 1 June 2017.

Last updated: 30 May 2017

Results

30 May 2017

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 (%) 0.7998
Coverage Ratio 2.3600
Lowest Yield Accepted (%) 0.7900
Highest Yield Accepted (%) 0.8075
Total Amount of All Bids Received ($million) 354
Total Number of Bids 37
Total Number of Successful Bids 18
Number of Bids Allocated in Full 15
Best Bid (%) 0.7900
Worst Bid (%) 0.8875
Weighted Average Bid (%) 0.8252
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 60

*Individual allotments may vary due to rounding.

Last updated: 30 May 2017