Tender 03/11

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 27 January 2011. Details of the tender are set out below.

Maturity Date 25 March 2011 29 April 2011
Series ID T25031 T29041
Offered to Public ($million) 800 1,200
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800 1,200

 

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, 27 January 2011.

All bids must comply with the Information Memorandum for Treasury Notes dated 18 December 2009, a copy of which is available on the Australian Office of Financial Management’s website at www.aofm.gov.au.

Announcement of Results

The results of Tender No. 03/11 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 27 January 2011.

Settlement Arrangements

Successful bids for Treasury Notes offered in Tender No. 03/11 must be settled in the Austraclear System on Friday, 28 January 2011.

Last updated: 11 February 2014

Results

Maturity Date 25 March 2011 29 April 2011
Series Number T25031 T29041
Offered to Public ($million) 800 1,200
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800 1,200
Amount Allotted to Public ($million) 800 1,200
Weighted Average Issue Yield (%) 4.7756 4.8162
Lowest Yield Accepted (%) 4.740 4.790
Highest Yield Accepted (%) 4.790 4.830
Amount Allotted at Highest Accepted
Yield as Percentage of Amount Bid at that Yield*
98 39
Coverage Ratio 6.29 4.60

* Individual allotments may vary due to rounding.

Last updated: 11 February 2014