Tender 366

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 7 May 2010. Details of the tender are set out below.

Series Offered 4.75% 15 November 2012
Series Number TB127
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
First Coupon Payment Due* 15 November 2010
First Coupon Payment Amount (per $100 face value) $2.375

* 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 Friday, 7 May 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. 366 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 7 May 2010.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 366 must be settled in the Austraclear System on Wednesday, 12 May 2010.

Last updated: 13 November 2013

Results

Series Offered 4.75% 15 November 2012
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 4.9063
Lowest Yield Accepted (%) 4.890
Highest Yield Accepted (%) 4.910
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 58
Coverage Ratio 3.2

*Individual allotments may be higher due to rounding.

Last updated: 13 November 2013