Tender 239

Announcement

Notice is hereby given that bids may be lodged by Registered Bidders through the Australian Office of Financial Management Tender System, which is accessed via the BLOOMBERG PROFESSIONAL® Service, between 11.45am and 12.15pm Australian Eastern Daylight Time on Tuesday, 12 February 2008 to Tender No. 239 for Treasury Bonds, details of which are set out below.

Series Offered 5.75% 15 May 2021
Series Number TB124
Offered to Public ($million) 400
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 400
First Coupon Payment Due* 15 May 2008
First Coupon Payment Amount (per $100 face value) $2.875

+The amount allotted to public may differ from the amount offered to public due to rounding of amounts allotted at the highest acceptable yield.

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

All bids must comply with the Information Memorandum for Treasury Bonds dated 6 December 2007, a copy of which is available on the Australian Office of Financial Management’s website at www.aofm.gov.au.

Announcement of Results

The results of Tender No. 239 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 12 February 2008.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 239 must be settled during Austraclear System hours on Thursday, 14 February 2008.

Last updated: 13 November 2013

Results

Series Offered 5.75% 15 May 2021
Offered to Public ($million) 400
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 400
Amount Allotted to Public ($million) 399
Weighted Average Issue Yield (%) 6.1802
Lowest Yield Accepted (%) 6.170
Highest Yield Accepted (%) 6.185
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 89
Coverage Ratio 2.8

*Individual allotments may be higher due to rounding.

The next Treasury Bond tender is expected to be held on 22 April 2008. This will be for the April 2012 Treasury Bond line.

Last updated: 13 November 2013