Tender 240

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 Standard Time on Tuesday, 22 April 2008 to Tender No. 240 for Treasury Bonds, details of which are set out below.

Series Offered 5.75% 15 April 2012
Series Number TB123
Offered to Public ($million) 300
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 300
First Coupon Payment Due* 15 October 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. 240 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 22 April 2008.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 240 must be settled during Austraclear System hours on Thursday, 24 April 2008.

Last updated: 13 November 2013

Results

Series Offered 5.75% 15 April 2012
Offered to Public ($million) 300
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 300
Amount Allotted to Public ($million) 300
Weighted Average Issue Yield (%) 6.3900
Lowest Yield Accepted (%) 6.390
Highest Yield Accepted (%) 6.390
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100
Coverage Ratio 4.9

*Individual allotments may be higher due to rounding.

The next Treasury Bond tender is expected to be held on 17 June 2008. This will be for the May 2021 Treasury Bond line.

Last updated: 13 November 2013