Tender 97

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 24 June 2014. Details of the tender are set out below.

Series Offered 2.00% 21 August 2035
Series Number CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 100
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 100
First Coupon Payment Due* 21 August 2014
Nominal Value of Principal for First Coupon Payment ($) 102.83

*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, 24 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. 97 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 24 June 2014.

Settlement Arrangements

Successful bids for Treasury Indexed Bonds offered in Tender No. 97 must be settled in the Austraclear System on Friday, 27 June 2014.

Last updated: 30 June 2014

Results

24 June 2014

Series Offered 2.00% 21 August 2035
Series ID CAIN410
ISIN AU000XCLWAF4
Offered to Public ($million) 100
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 100
Amount Allotted to Public ($million) 100
Weighted Average Issue Yield (%) 1.6138
Coverage Ratio 5.770
Lowest Yield Accepted (%) 1.6075
Highest Yield Accepted (%) 1.6175
Total Amount of All Bids Received ($million) 577
Total Number of Bids 62
Total Number of Successful Bids 11
Number of Bids Allocated in Full 11
Best Bid (%) 1.6075
Worst Bid (%) 1.6875
Weighted Average Bid (%) 1.6315
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 30 June 2014