Tender 576

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 14 December 2012. Details of the tender are set out below.

Series Offered 4.25% 21 July 2017
Series Number TB135
Offered to Public ($million) 600
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600
First Coupon Payment Due* 21 January 2013
First Coupon Payment Amount (per $100 face value) $2.125

*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, 14 December 2012.

All bids must comply with the Information Memorandum for Treasury Bonds dated 21 July 2011, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 576 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 14 December 2012.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 576 must be settled in the Austraclear System on Wednesday, 19 December 2012.

Last updated: 11 November 2013

Results

Series Offered 4.25% 21 July 2017
Offered to Public ($million) 600
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 2.8407
Lowest Yield Accepted (%) 2.835
Highest Yield Accepted (%) 2.845
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 24
Coverage Ratio 4.68

*Individual allotments may vary due to rounding.

Last updated: 11 November 2013