Tender 08/18

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 26 April 2018. Details of the tender are set out below.

Maturity Date 24 August 2018
Series ID T24088
ISIN AU2CLT240889
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, 26 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, 27 April 2018.

Last updated: 26 April 2018

Results

26 April 2018

Maturity 24 August 2018
Series Number T24088
ISIN AU2CLT240889
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.93
Coverage Ratio 4.532
Lowest Yield Accepted (%) 1.90
Highest Yield Accepted (%) 1.97
Total Amount of All Bids Received ($million) 2,266
Total Number of Bids 36
Total Number of Successful Bids 10
Number of Bids Allocated in Full 4
Best Bid (%) 1.90
Worst Bid (%) 2.10
Weighted Average Bid (%) 2.0050
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 25.6

*Individual allotments may vary due to rounding.

Last updated: 26 April 2018