Tender 03/17

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 16 February 2017. Details of the tender are set out below.

Maturity Date 23 June 2017
Series ID T23067
ISIN AU2CLT230674
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, 16 February 2017.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 27 July 2016.

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 Friday, 17 February 2017.

Last updated: 16 February 2017

Results

16 February 2017

Maturity 23 June 2017
Series Number T23067
ISIN AU2CLT230674
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.5687
Coverage Ratio 3.34
Lowest Yield Accepted (%) 1.52
Highest Yield Accepted (%) 1.60
Total Amount of All Bids Received ($million) 1,670
Total Number of Bids 31
Total Number of Successful Bids 16
Number of Bids Allocated in Full 11
Best Bid (%) 1.52
Worst Bid (%) 1.83
Weighted Average Bid (%) 1.6348
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 4.7

*Individual allotments may vary due to rounding.

Last updated: 16 February 2017