Tender 360

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 14 April 2010. Details of the tender are set out below.

Series Offered 5.75% 15 July 2022
Series Number TB128
Offered to Public ($million) 800
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800
First Coupon Payment Due* 15 July 2010
First Coupon Payment Amount (per $100 face value) $2.875

* 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 10.45 am and 11.00 am Australian Eastern Standard Time on Wednesday, 14 April 2010.

All bids must comply with the Information Memorandum for Treasury Bonds dated 18 December 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. 360 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 14 April 2010.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 360 must be settled in the Austraclear System on Monday, 19 April 2010.

Last updated: 13 November 2013

Results

Series Offered 5.75% 15 July 2022
Offered to Public ($million) 800
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 5.9428
Lowest Yield Accepted (%) 5.940
Highest Yield Accepted (%) 5.945
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 85
Coverage Ratio 3.78

*Individual allotments may be higher due to rounding.

Last updated: 13 November 2013