Tender 621

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 31 July 2013. Details of the tender are set out below.

Series Offered 4.75% 21 April 2027
Series Number TB136
ISIN AU3TB0000135
Offered to Public ($million) 700
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 700
First Coupon Payment Due* 21 October 2013
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 Wednesday, 31 July 2013.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 371KB | RTF 502KB] 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. 621 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 31 July 2013.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 621 must be settled in the Austraclear System on Wednesday, 6 August 2013.

Last updated: 15 January 2014

Results

31 July 2013

Series Offered 4.75% 21 April 2027
ISIN AU3TB0000135
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 (%) 4.0550
Lowest Yield Accepted (%) 4.055
Highest Yield Accepted (%) 4.055
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100
Coverage Ratio 3.15

*Individual allotments may vary due to rounding.

Last updated: 15 January 2014