Tender 430

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 18 February 2011. Details of the tender are set out below.

Series Offered 5.50% 15 December 2013
Series Number TB129
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
First Coupon Payment Due* 15 June 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 Friday, 18 February 2011

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. 430 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 18 February 2011.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 430 must be settled in the Austraclear System on Wednesday, 23 February 2011.

Last updated: 11 November 2013

Results

Series Offered 5.50% 15 December 2013
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 (%) 5.1941
Lowest Yield Accepted (%) 5.190
Highest Yield Accepted (%) 5.195
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 31
Coverage Ratio 5.52

Last updated: 11 November 2013