Tender 22/16

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 25 August 2016. Details of the tender are set out below.

Maturity Date 9 December 2016
Series ID T09126
ISIN AU2CLT091266
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, 25 August, 2016

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 lodgement of bids.

Settlement Arrangements

Successful bids for Treasury Notes offered in the tender must be settled in the Austraclear System on Friday, 26, August, 2016

Last updated: 8 September 2016

Results

25 August 2016

Maturity 9 December 2016
Series Number T09126
ISIN AU2CLT091266
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.5433
Coverage Ratio 2.844
Lowest Yield Accepted (%) 1.50
Highest Yield Accepted (%) 1.58
Total Amount of All Bids Received ($million) 1,422
Total Number of Bids 29
Total Number of Successful Bids 15
Number of Bids Allocated in Full 11
Best Bid (%) 1.50
Worst Bid (%) 1.75
Weighted Average Bid (%) 1.5869
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 24.2

*Individual allotments may vary due to rounding.

Last updated: 8 September 2016