Tender 15/14
Announcement
The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 18 September 2014. Details of the tender are set out below.
| Maturity date | Friday, 23 January 2015 |
|---|---|
| Series ID | T23015 |
| ISIN | AU2CLT230153 |
| Offered to Public ($million) | 500 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 500 |
Lodgement of Bids
Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.15 am and 10.30 am Australian Eastern Standard Time on Thursday, 18 September 2014.
All bids must comply with the Information Memorandum for Treasury Notes [PDF 117KB] dated 4 February 2014.
Announcement of Results
The results of Tender No. 15/14 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 18 September 2014.
Settlement Arrangements
Successful bids for Treasury Notes offered in Tender No. 15/14 must be settled in the Austraclear System on Friday, 19 September 2014.
Last updated: 18 September 2014
Results
18 September 2014
| Maturity | 23 January 2015 |
|---|---|
| Series Number | T23015 |
| ISIN | AU2CLT230153 |
| Offered to Public ($million) | 500 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 500 |
| Amount Allotted to Public ($million) | 500 |
| Weighted Average Issue Yield (%) | 2.5730 |
| Coverage Ratio | 1.500 |
| Lowest Yield Accepted (%) | 2.56 |
| Highest Yield Accepted (%) | 2.59 |
| Total Amount of All Bids Received ($million) | 750 |
| Total Number of Bids | 4 |
| Total Number of Successful Bids | 4 |
| Number of Bids Allocated in Full | 3 |
| Best Bid (%) | 2.56 |
| Worst Bid (%) | 2.59 |
| Weighted Average Bid (%) | 2.5787 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 16.7 |
*Individual allotments may vary due to rounding.
Last updated: 18 September 2014