Tender 155

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 26 September 2017. Details of the tender are set out below.

Series Offered 2.50% 20 September 2030
Series Number CAIN408
ISIN AU0000XCLWV6
Offered to Public ($million) 150
First Coupon Payment Due* 20 December 2017
Nominal Value of Principal for First Coupon Payment ($) 116.74

*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, 26 September 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, 28 September 2017.

Last updated: 26 September 2017

Results

26 September 2017

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 (%) 1.0024
Coverage Ratio 3.3400
Lowest Yield Accepted (%) 0.9900
Highest Yield Accepted (%) 1.0075
Total Amount of All Bids Received ($million) 501
Total Number of Bids 40
Total Number of Successful Bids 15
Number of Bids Allocated in Full 15
Best Bid (%) 0.9900
Worst Bid (%) 1.0975
Weighted Average Bid (%) 1.0264
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 26 September 2017