Tender 01/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 22 January 2015. Details of the tender are set out below.

Maturity date 24 April 2015 12 June 2015
Series ID T24045 T12065
ISIN AU2CLT240459 AU2CLT120651
Offered to Public ($million) 1,000 500

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.15 am and 10.30 am Australian Eastern Daylight Time on Thursday, 22 January 2015.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 117KB] dated 4 February 2014.

Announcement of Results

The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgement of bids.

Settlement Arrangements

Successful bids for Treasury Notes offered in the tender must be settled in the Austraclear System on Friday, 23 January 2015.

Last updated: 22 January 2015

Results

22 January 2015

Maturity 24 April 2015 12 June 2015
Series Number T24045 T12065
ISIN AU2CLT240459 AU2CLT120651
Offered to Public ($million) 1,000 500
Amount Allotted to Public ($million) 1,000 500
Weighted Average Issue Yield (%) 2.3820 2.3524
Coverage Ratio 2.535 2.786
Lowest Yield Accepted (%) 2.34 2.30
Highest Yield Accepted (%) 2.41 2.37
Total Amount of All Bids Received ($million) 2,535 1,393
Total Number of Bids 27 21
Total Number of Successful Bids 10 8
Number of Bids Allocated in Full 9 6
Best Bid (%) 2.34 2.30
Worst Bid (%) 2.55 2.50
Weighted Average Bid (%) 2.4240 2.3977
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 63.3 68.5

*Individual allotments may vary due to rounding.

Last updated: 22 January 2015