Tender 662

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 29 January 2014. Details of the tender are set out below.

Series Offered 2.75% 21 April 2024
Series Number TB137
ISIN AU3TB0000143
Offered to Public ($million) 800
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800
First Coupon Payment Due* 21 April 2024
First Coupon Payment Amount (per $100 face value) $1.375

*Coupons will be paid at half-yearly intervals thereafter.

Lodgement of Bids

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 29 January 2014. Details of the tender are set out below.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 371KB | RTF 502KB] 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. 662 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 29 January 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 662 must be settled in the Austraclear System on Monday, 3 February 2014.

Last updated: 7 February 2014

Results

15 January 2014

Series Offered 2.75% 21 April 2024
ISIN AU3TB0000143
Offered to Public ($million) 800
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 4.0912
Lowest Yield Accepted (%) 4.085
Highest Yield Accepted (%) 4.095
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 86
Coverage Ratio 2.60

*Individual allotments may vary due to rounding.

Last updated: 7 February 2014