Tender 649

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 8 November 2013. Details of the tender are set out below.

Series Offered 4.25% 21 July 2017
Series Number TB135
ISIN AU3TB0000127
Offered to Public ($million) 1,000
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 1,000
First Coupon Payment Due* 21 January 2014
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, 8 November 2013.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 167KB | RTF 1MB] dated 11 October 2013, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 649 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 8 November 2013.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 649 must be settled in the Austraclear System on Wednesday, 13 November 2013.

Last updated: 13 February 2014

Results

8 November 2013

Series Offered 4.25% 21 July 2017
ISIN AU3TB0000127
Offered to Public ($million) 1,000
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 1,000
Amount Allotted to Public ($million) 1,000
Weighted Average Issue Yield (%) 3.1431
Lowest Yield Accepted (%) 3.130
Highest Yield Accepted (%) 3.155
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100
Coverage Ratio 3.58

*Individual allotments may vary due to rounding.

Last updated: 13 February 2014