Tender 1000

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Monday, 28 August 2017. Details of the tender are set out below.

Series Offered 2.75% 21 June 2035
Series Number TB145
ISIN AU000XCLWAM0
Offered to Public ($million) 400
First Coupon Payment Due* 21 December 2017
First Coupon Payment Amount (per $100 face value) $1.375

*Coupons will be paid at half-yearly intervals thereafter.

Lodgment of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Standard Time on Monday, 28 August 2017.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 792KB | RTF 1.215MB] 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 lodgment of bids.

Settlement Arrangements

Successful bids for Treasury Bonds offered in the tender must be settled in the Austraclear System on Wednesday, 30 August 2017.

Last updated: 28 August 2017

Results

28 August 2017

Series Offered 2.75% 21 June 2035
Series ID TB145
ISIN AU000XCLWAM0
Offered to Public ($million) 400
Amount Allotted to Public ($million) 400
Weighted Average Issue Yield (%) 3.1008
Coverage Ratio 4.1575
Lowest Yield Accepted (%) 3.0975
Highest Yield Accepted (%) 3.1025
Volume of Bids Received ($million) 1,663
Number of Bids 47
Number of Successful Bids 16
Number of Bids Allocated in Full 8
Best Bid (%) 3.0975
Worst Bid (%) 3.1225
Weighted Average Bid (%) 3.1085
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 67.5

*Individual allotments may vary due to rounding.

Last updated: 28 August 2017