Tender 303

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 29 July 2009. Details of the tender are set out below.

Series Offered 6.25% 15 June 2014
Series Number TB125
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
First Coupon Payment Due* 15 December 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 Yieldbroker DEBTS System, between 10.15 am and 10.30 am Australian Eastern Standard Time on Wednesday, 29 July 2009.

All bids must comply with the Information Memorandum for Treasury Bonds dated 20 April 2009, 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. 303 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 29 July 2009.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 303 must be settled in the Austraclear System on Tuesday, 4 August 2009.

Last updated: 13 November 2013

Results

Series Offered 6.25% 15 June 2014
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
Amount Allotted to Public ($million) 699
Weighted Average Issue Yield (%) 5.5313
Lowest Yield Accepted (%) 5.520
Highest Yield Accepted (%) 5.540
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 28
Coverage Ratio 3.4

*Individual allotments may be higher due to rounding.

Last updated: 13 November 2013