Tender 94

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 29 April 2014. Details of the tender are set out below.

Series Offered 1% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 500
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 500
First Coupon Payment Due* 21 May 2014
Nominal Value of Principal for First Coupon Payment ($) 100.97

*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, 29 April 2014.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 94 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 29 April 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 94 must be settled in the Austraclear System on Friday, 2 May 2014.

Last updated: 2 June 2014

Results

29 April 2014

Series Offered 1.00% 21 November 2018
Series ID CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 500
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 0.9530
Coverage Ratio 3.964
Lowest Yield Accepted (%) 0.9275
Highest Yield Accepted (%) 0.9625
Total Amount of All Bids Received ($million) 1,982
Total Number of Bids 117
Total Number of Successful Bids 37
Number of Bids Allocated in Full 32
Best Bid (%) 0.9275
Worst Bid (%) 1.1050
Weighted Average Bid (%) 0.9883
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 81

*Individual allotments may vary due to rounding.

Last updated: 2 June 2014