Tender 26/17

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 7 December 2017. Details of the tender are set out below.

Maturity Date 27 April 2018
Series ID T27048
ISIN AU2CLT270480
Offered to Public ($million) 1,000

Lodgment 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 Daylight Time on Thursday, 7 December 2017.

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, 8 December 2017.

Last updated: 7 December 2017

Results

7 December 2017

Maturity 27 April 2018
Series Number T27048
ISIN AU2CLT270480
Offered to Public ($million) 1,000
Amount Allotted to Public ($million) 1,000
Weighted Average Issue Yield (%) 1.7242
Coverage Ratio 3.56
Lowest Yield Accepted (%) 1.71
Highest Yield Accepted (%) 1.75
Total Amount of All Bids Received ($million) 3,560
Total Number of Bids 43
Total Number of Successful Bids 22
Number of Bids Allocated in Full 14
Best Bid (%) 1.71
Worst Bid (%) 1.85
Weighted Average Bid (%) 1.7681
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 18.1

*Individual allotments may vary due to rounding.

Last updated: 7 December 2017