Tender 34/15

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 24 September 2015. Details of the tender are set out below.

Maturity date 26 February 2016
Series ID T26026
ISIN AU2CLT260267
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, 24 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, 25 September 2015.

Last updated: 24 September 2015

Results

24 September 2015

Maturity 26 February 2016
Series Number T26026
ISIN AU2CLT260267
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.0144
Coverage Ratio 2.9120
Lowest Yield Accepted (%) 1.9800
Highest Yield Accepted (%) 2.0400
Total Amount of All Bids Received ($million) 1,456
Total Number of Bids 30
Total Number of Successful Bids 16
Number of Bids Allocated in Full 12
Best Bid (%) 1.9800
Worst Bid (%) 2.1300
Weighted Average Bid (%) 2.0470
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 38.3

*Individual allotments may vary due to rounding.

Last updated: 24 September 2015