Tender 01/18

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 25 January 2018. Details of the tender are set out below.

Maturity Date 27 April 2018
Series ID T27048
ISIN AU2CLT270480
Offered to Public ($million) 500

Lodgment 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, 25 January 2018.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 3 October 2017.

Announcement of Results

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

Settlement Arrangements

Successful bids for Treasury Notes offered in the tender must be settled in the Austraclear System on Monday, 29 January 2018.

Last updated: 25 January 2018

Results

25 January 2018

Maturity 27 April 2018
Series Number T27048
ISIN AU2CLT270480
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.6774
Coverage Ratio 5.15
Lowest Yield Accepted (%) 1.67
Highest Yield Accepted (%) 1.69
Total Amount of All Bids Received ($million) 2,575
Total Number of Bids 49
Total Number of Successful Bids 10
Number of Bids Allocated in Full 7
Best Bid (%) 1.67
Worst Bid (%) 1.80
Weighted Average Bid (%) 1.7267
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 29.4

*Individual allotments may vary due to rounding.

Last updated: 25 January 2018