Tender 24/13

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 15 August 2013. Details of the tender are set out below.

Maturity Date 25 October 2013
Series ID T25103
ISIN AU2CLT251035
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, 15 August 2013.

All bids must comply with the Information Memorandum for Treasury Notes dated 21 July 2011, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 24/13 are expected to be announced as soon as  practicable after the closing time for the lodgement of bids on Thursday, 15 August 2013.

Settlement Arrangements

Successful bids for Treasury Notes offered  in Tender No. 24/13 must be settled in  the Austraclear System on Friday, 16 August 2013.

 

Last updated: 12 February 2014

Results

15 August 2013

Maturity   Date

25 October 2013

Series   Number

T25103

ISIN

AU2CLT251035

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 (%)

2.3539

Lowest Yield Accepted (%)

2.30

Highest Yield Accepted (%)

2.36

Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*

100

Coverage Ratio

4.71

 * Individual allotments may vary due to rounding.

Last updated: 12 February 2014