Tender 05/10

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 11 February 2010. Details of the tender are set out below.

Maturity Date 7 May 2010 11 June 2010
Series ID T07050 T11060
Offered to Public ($million) 600 300
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600 300

 

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, 11 February 2010.

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. 05/10 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 11 February 2010.

Settlement Arrangements

Successful bids for Treasury Notes offered in Tender No. 05/10 must be settled in the Austraclear System on Friday, 12 February 2010.

Last updated: 11 November 2013

Results

Maturity Date 7 May 2010 11 June 2010
Series Number T07050 T11060
Offered to Public ($million) 600 300
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600 300
Amount Allotted to Public ($million) 600 300
Weighted Average Issue Yield (%) 3.7949 3.8197
Lowest Yield Accepted (%) 3.750 3.790
Highest Yield Accepted (%) 3.860 3.900
Amount Allotted at Highest Accepted
Yield as Percentage of Amount Bid at that Yield*
17 40
Coverage Ratio 4.81 5.80

* Individual allotments may vary due to rounding.

Last updated: 11 November 2013