Tender 18/16


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 7 July 2016. Details of the tender are set out below.

Maturity date 28 October 2016
Series ID  T28106
ISIN  AU2CLT281065
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, 7 July 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, 8 July 2016.

Last updated: 25 August 2016



7 July 2016

Maturity 28 October 2016
Series Number T28106
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.7093
Coverage Ratio 3.02
Lowest Yield Accepted (%) 1.65
Highest Yield Accepted (%) 1.75
Total Amount of All Bids Received ($million) 1,510
Total Number of Bids 22
Total Number of Successful Bids 11
Number of Bids Allocated in Full 7
Best Bid (%) 1.65
Worst Bid (%) 1.90
Weighted Average Bid (%) 1.7551
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 38.2

*Individual allotments may vary due to rounding.

Last updated: 25 August 2016