Tender 23/18

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 8 November 2018. Details of the tender are set out below.

Maturity Date 22 February 2019
Series ID T22029
ISIN AU2CLT220295
Offered to Public ($million) 500

Lodgment of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via Yieldbroker DEBTS, between 10.15 am and 10.30 am Australian Eastern Daylight Time on Thursday, 8 November 2018.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 3 October 2017.

Announcement of Results

The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgment of bids.

Settlement Arrangements

Successful bids for Treasury Notes offered in the tender must be settled in the Austraclear System on Friday, 9 November 2018.

Last updated: 8 November 2018

Results

Results of Treasury Note Tender 23/18

Thursday, 8 November 2018

Series Offered 22 February 2019
Series ID T22029
ISIN AU2CLT220295
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.8530
Coverage Ratio 4.510
Lowest Yield Accepted (%) 1.80
Highest Yield Accepted (%) 1.87
Total Amount of All Bids Received ($million) 2,255
Total Number of Bids 28
Total Number of Successful Bids 9
Number of Bids Allocated in Full 7
Best Bid (%) 1.80
Worst Bid (%) 1.99
Weighted Average Bid (%) 1.9228
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: 8 November 2018