Tender 03/12

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 16 February 2012. Details of the tender are set out below.

Maturity Date 27 April 2012 11 May 2012
Series ID T27042 T11052
Offered to Public ($million) 1,000 1,000
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 1,000 1,000

 

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, 16 February 2012.

All bids must comply with the Information Memorandum for Treasury Notes dated 21 July 2011, 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. 03/12 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 16 February 2012.

Settlement Arrangements

Successful bids for Treasury Notes offered in Tender No. 03/12 must be settled in the Austraclear System on Friday, 17 February 2012.

Last updated: 11 November 2013

Results

Maturity Date 27 April 2012 11 May 2012
Series Number T27042 T11052
Offered to Public ($million) 1,000 1,000
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 1,000 1,000
Amount Allotted to Public ($million) 1,000 1,000
Weighted Average Issue Yield (%) 4.1736 4.1598
Lowest Yield Accepted (%) 4.120 4.110
Highest Yield Accepted (%) 4.200 4.180
Amount Allotted at Highest Accepted
Yield as Percentage of Amount Bid at that Yield*
56 33
Coverage Ratio 2.23 2.99

* Individual allotments may vary due to rounding.

Last updated: 11 November 2013