Tender 31/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 3 September 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, 3 September 2015.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 118KB | RTF 997KB] dated 14 August 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, 4 September 2015.

Last updated: 3 September 2015

Results

3 September 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 (%) 2.0035
Coverage Ratio 2.7220
Lowest Yield Accepted (%) 1.9800
Highest Yield Accepted (%) 2.0200
Total Amount of All Bids Received ($million) 1,361
Total Number of Bids 26
Total Number of Successful Bids 11
Number of Bids Allocated in Full 8
Best Bid (%) 1.9800
Worst Bid (%) 2.0900
Weighted Average Bid (%) 2.0307
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 72.9

*Individual allotments may vary due to rounding.

Last updated: 3 September 2015