Tender 17/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 28 May 2015. Details of the tender are set out below.

Maturity date 23 October 2015
Series ID T23105
ISIN AU2CLT231052
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, 28 May 2015.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 580KB | RTF 1.153MB] dated 27 March 2015.

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, 29 May 2015

Last updated: 28 May 2015

Results

28 May 2015

Maturity 23 October 2015
Series Number T23105
ISIN AU2CLT231052
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.0066
Coverage Ratio 3.540
Lowest Yield Accepted (%) 1.99
Highest Yield Accepted (%) 2.02
Total Amount of All Bids Received ($million) 1,770
Total Number of Bids 38
Total Number of Successful Bids 17
Number of Bids Allocated in Full 10
Best Bid (%) 1.99
Worst Bid (%) 2.10
Weighted Average Bid (%) 2.0333
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 34

*Individual allotments may vary due to rounding.

Last updated: 28 May 2015