Tender 07/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 5 March 2015. Details of the tender are set out below.

Maturity date 12 June 2015
Series ID T12065
ISIN AU2CLT120651
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, 5 March 2015.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

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, 6 March 2015.

Last updated: 5 March 2015

Results

5 March 2015

Maturity 12 June 2015
Series Number T12065
ISIN AU2CLT120651
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.1224
Coverage Ratio 3.130
Lowest Yield Accepted (%) 2.08
Highest Yield Accepted (%) 2.14
Total Amount of All Bids Received ($million) 1,565
Total Number of Bids 21
Total Number of Successful Bids 10
Number of Bids Allocated in Full 9
Best Bid (%) 2.08
Worst Bid (%) 2.25
Weighted Average Bid (%) 2.1763
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 33.3

*Individual allotments may vary due to rounding.

Last updated: 5 March 2015