Tender 29/16


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 24 November 2016. Details of the tender are set out below.

Maturity Date 28 April 2017
Series ID T28047
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 Daylight Time on Thursday, 24 November 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, 25 November 2016.

Last updated: 24 November 2016


24 November 2016

Maturity 28 April 2017
Series Number T28047
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.6486
Coverage Ratio 3.52
Lowest Yield Accepted (%) 1.62
Highest Yield Accepted (%) 1.67
Volume of All Bids Received ($million) 1,760
Number of Bids 29
Number of Successful Bids 8
Number of Bids Allocated in Full 6
Best Bid (%) 1.62
Worst Bid (%) 1.84
Weighted Average Bid (%) 1.7099
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 57.1

*Individual allotments may vary due to rounding.

Last updated: 24 November 2016