Tender 27/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 6 August 2015. Details of the tender are set out below.

Maturity date 11 December 2015
Series ID T11125
ISIN AU2CLT111254
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, 6 August 2015.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 580KB | RTF 1.153MB] dated 27 March 2015.

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, 7 August 2015.

Last updated: 6 August 2015

Results

6 August 2015

Maturity 11 December 2015
Series Number T11125
ISIN AU2CLT111254
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.9937
Coverage Ratio 3.998
Lowest Yield Accepted (%) 1.97
Highest Yield Accepted (%) 2.01
Total Amount of All Bids Received ($million) 1,999
Total Number of Bids 34
Total Number of Successful Bids 10
Number of Bids Allocated in Full 6
Best Bid (%) 1.97
Worst Bid (%) 2.10
Weighted Average Bid (%) 2.0291
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 22.6

*Individual allotments may vary due to rounding.

Last updated: 6 August 2015