Tender 07/14

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 3 July 2014. Details of the tender are set out below.

Maturity date Friday, 5 December 2014
Series ID T05124
ISIN AU2CLT051245
Offered to Public ($million) 500
Reserve Bank Take-up ($million)
Total Amount Offered ($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 Standard Time on Thursday, 3 July 2014.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 117KB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 07/14 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 3 July 2014.

Settlement Arrangements

Successful bids for Treasury Notes offered in Tender No. 07/14 must be settled in the Austraclear System on Friday, 4 July 2014.

Last updated: 3 July 2014

Results

3 July 2014

Maturity 5 December 2014
Series Number T05124
ISIN AU2CLT051245
Offered to Public ($million) 500
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.5320
Coverage Ratio 2.760
Lowest Yield Accepted (%) 2.48
Highest Yield Accepted (%) 2.56
Total Amount of All Bids Received ($million) 1,380
Total Number of Bids 24
Total Number of Successful Bids 13
Number of Bids Allocated in Full 13
Best Bid (%) 2.48
Worst Bid (%) 2.70
Weighted Average Bid (%) 2.5838
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100

*Individual allotments may vary due to rounding.

Last updated: 3 July 2014