Tender 06/18

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 5 April 2018. Details of the tender are set out below.

Maturity Date 22 June 2018
Series ID T22068
ISIN AU2CLT220683
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 Standard Time on Thursday, 5 April 2018.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 3 October 2017.

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, 6 April 2018.

Last updated: 5 April 2018

Results

5 April 2018

Maturity 22 June 2018
Series Number T22068
ISIN AU2CLT220683
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.9444
Coverage Ratio 2.528
Lowest Yield Accepted (%) 1.83
Highest Yield Accepted (%) 1.98
Total Amount of All Bids Received ($million) 1,264
Total Number of Bids 24
Total Number of Successful Bids 16
Number of Bids Allocated in Full 13
Best Bid (%) 1.83
Worst Bid (%) 2.02
Weighted Average Bid (%) 1.9763
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 10.8

*Individual allotments may vary due to rounding.

Last updated: 5 April 2018