Tender 415

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 24 November 2010. Details of the tender are set out below.

Series Offered 5.50% 21 January 2018
Series Number TB132
Offered to Public ($million) 800
Reserve Bank Take-up ($million) 50
Total Amount Offered ($million) 850
First Coupon Payment Due* 21 January 2011
First Coupon Payment Amount (per $100 face value) $2.750

*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 Daylight Time on Wednesday, 24 November 2010.

All bids must comply with the Information Memorandum for Treasury Bonds dated 10 June 2010, 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. 415 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 24 November 2010.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 415 must be settled in the Austraclear System on Monday, 29 November 2010.

Last updated: 11 November 2013

Results

Series Offered 5.50% 21 January 2018
Offered to Public ($million) 800
Reserve Bank Take-up ($million) 50
Total Amount Offered ($million) 850
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 5.4123
Lowest Yield Accepted (%) 5.400
Highest Yield Accepted (%) 5.420
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 77
Coverage Ratio 3.74

*Individual allotments may vary due to rounding.

Last updated: 11 November 2013