Tender 04/16

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 4 February 2016. Details of the tender are set out below.

Maturity date 22 April 2016
Series ID T22046
ISIN AU2CLT220469
Offered to Public ($million) 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, 4 February 2016.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 118KB | RTF 997KB] dated 14 August 2015.

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, 5 February 2016.

Last updated: 25 August 2016

Results

4 February 2016

Maturity 22 April 2016
Series Number T22046
ISIN AU2CLT220469
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.0725
Coverage Ratio 2.75
Lowest Yield Accepted (%) 2.05
Highest Yield Accepted (%) 2.09
Total Amount of All Bids Received ($million) 1,375
Total Number of Bids 25
Total Number of Successful Bids 12
Number of Bids Allocated in Full 9
Best Bid (%) 2.05
Worst Bid (%) 2.18
Weighted Average Bid (%) 2.0985
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 50

*Individual allotments may vary due to rounding.

Last updated: 25 August 2016