Tender 96

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 10 June 2014. Details of the tender are set out below.

Series Offered 1.00% 21 November 2018
Series Number CAIN412
ISIN AU000XCLWAJ6
Offered to Public ($million) 200
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 200
First Coupon Payment Due* 21 August 2014
Nominal Value of Principal for First Coupon Payment ($) 101.65

*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, 10 June 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. 96 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 10 June 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 96 must be settled in the Austraclear System on Friday, 13 June 2014.

Last updated: 24 June 2014

Results

10 June 2014

Series Offered 1.00% 21 November 2018
Series ID CAIN412
ISIN AU000XCLWAJ6
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 (%) 0.7363
Coverage Ratio 5.340
Lowest Yield Accepted (%) 0.7250
Highest Yield Accepted (%) 0.7475
Total Amount of All Bids Received ($million) 1,068
Total Number of Bids 71
Total Number of Successful Bids 14
Number of Bids Allocated in Full 11
Best Bid (%) 0.7250
Worst Bid (%) 0.8200
Weighted Average Bid (%) 0.7648
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 67

*Individual allotments may vary due to rounding.

Last updated: 24 June 2014