Tender 258

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 6 February 2009. Details of the tender are set out below.

Series Offered 6.25% 15 April 2015
Series Number TB119
Offered to Public ($million) 600
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600
First Coupon Payment Due* 15 April 2009
First Coupon Payment Amount (per $100 face value) $3.125

+The amount allotted to public may differ from the amount offered to public due to rounding of amounts allotted at the highest accepted yield.
*Coupons will be paid at half-yearly intervals thereafter.

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the BLOOMBERG PROFESSIONAL ® Service, between 10.15 am and 10.30 am Australian Eastern Daylight Time on Friday, 6 February 2009.

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. 258 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 6 February 2009.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 258 must be settled during Austraclear System hours on Wednesday, 11 February 2009.

Last updated: 13 November 2013

Results

Series Offered 6.25% 15 April 2015
Offered to Public ($million) 600
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600
Amount Allotted to Public ($million) 601
Weighted Average Issue Yield (%) 3.9113
Lowest Yield Accepted (%) 3.905
Highest Yield Accepted (%) 3.920
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 23
Coverage Ratio 2.6

*Individual allotments may be higher due to rounding.

Last updated: 13 November 2013