Tender 617

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 12 July 2013. Details of the tender are set out below.

Series Offered 5.50% 21 January 2018
Series Number TB132
ISIN AU3TB0000093
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
First Coupon Payment Due* 21 January 2014
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 Standard Time on Friday, 12 July 2013.

All bids must comply with the Information Memorandum for Treasury Bonds dated 24 June 2013, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 617 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 12 July 2013.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 617 must be settled in the Austraclear System on Wednesday, 17 July 2013.

 

Last updated: 15 January 2014

Results

12 July 2013

Series Offered 5.50% 21 January 2018
ISIN AU3TB0000093
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 (%) 3.0150
Lowest Yield Accepted (%) 3.015
Highest Yield Accepted (%) 3.015
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100
Coverage Ratio 3.34

*Individual allotments may vary due to rounding.

 

Last updated: 15 January 2014