Tender 13/16

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 12 May 2016. Details of the tender are set out below.

Maturity date 29 July 2016
Series ID T29076
ISIN AU2CLT290769
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 Standard Time on Thursday, 12 May 2016.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 565KB | RTF 1.013MB] dated 4 March 2016.

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, 13 May 2016.

Last updated: 25 August 2016

Results

12 May 2016

Maturity 29 July 2016
Series Number T29076
ISIN AU2CLT290769
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.7706
Coverage Ratio 2.874
Lowest Yield Accepted (%) 1.68
Highest Yield Accepted (%) 1.82
Total Amount of All Bids Received ($million) 1,437
Total Number of Bids 18
Total Number of Successful Bids 11
Number of Bids Allocated in Full 9
Best Bid (%) 1.68
Worst Bid (%) 1.88
Weighted Average Bid (%) 1.8213
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 85.3

*Individual allotments may vary due to rounding.

Last updated: 25 August 2016