Tender 83

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 20 August 2013. Details of the tender are set out below.

Series Offered 2.50% 20 September 2030
Series Number CAIN408
ISIN AU0000XCLWV6
Offered to Public ($million) 200
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 200
First Coupon Payment Due* 20 September 2013
Nominal Value of Principal for First Coupon Payment ($) 107.90

*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, 20 August 2013.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 439KB | RTF 556KB] dated 24 June 2013, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 83 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 20 August 2013.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 83 must be settled in the Austraclear System on Friday, 23 August 2013.

Last updated: 19 March 2014

Results

20 August 2013

Series Offered 2.50% 20 September 2030
ISIN AU0000XCLWV6
Offered to Public ($million) 200
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 200
Amount Allotted to Public ($million) 200
Weighted Average Issue Yield (%) 1.9539
Lowest Yield Accepted (%) 1.9350
Highest Yield Accepted (%) 1.9650
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 55
Coverage Ratio 3.08

* Individual allotments may vary due to rounding.

Last updated: 19 March 2014