Tender 1128

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 15 May 2019. Details of the tender are set out below.

Series Offered 2.75% 21 April 2024
Series Number TB137
ISIN AU3TB0000143
Offered to Public ($million) 900
First Coupon Payment Due* 21 October 2019
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 Yieldbroker DEBTS, between 10.45 am and 11.00 am Australian Eastern Standard Time on Wednesday, 15 May 2019.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 792KB | RTF 1.215MB] dated 3 October 2017.

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 Friday, 17 May 2019.

Last updated: 15 May 2019

Results

15 May 2019

Series Offered 2.75% 21 April 2024
Series ID TB137
ISIN AU3TB0000143
Offered to Public ($million) 900
Amount Allotted to Public ($million) 900
Weighted Average Issue Yield (%) 1.3028
Coverage Ratio 2.8444
Lowest Yield Accepted (%) 1.2975
Highest Yield Accepted (%) 1.3050
Volume of Bids Received ($million) 2,560
Number of Bids 28
Number of Successful Bids 14
Number of Bids Allocated in Full 7
Best Bid (%) 1.2975
Worst Bid (%) 1.3200
Weighted Average Bid (%) 1.3069
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 37.1

*Individual allotments may vary due to rounding.

Last updated: 15 May 2019