Tender 09/17

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 27 April 2017. Details of the tender are set out below.

Maturity Date 25 August 2017
Series ID T25087
ISIN AU2CLT250870
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, 27 April 2017.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 27 July 2016.

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, 28 April 2017.

Last updated: 27 April 2017

Results

27 April 2017

Maturity 25 August 2017
Series Number T25087
ISIN AU2CLT250870
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.536
Coverage Ratio 3.428
Lowest Yield Accepted (%) 1.45
Highest Yield Accepted (%) 1.55
Total Amount of All Bids Received ($million) 1,714
Total Number of Bids 38
Total Number of Successful Bids 12
Number of Bids Allocated in Full 6
Best Bid (%) 1.45
Worst Bid (%) 1.80
Weighted Average Bid (%) 1.5779
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 91

*Individual allotments may vary due to rounding.

Last updated: 27 April 2017