Tender 666

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 12 February 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 2014
First Coupon Payment Amount (per $100 face value) $1.375

*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 Daylight Time on Wednesday, 12 February 2014.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014, a copy of which is available on the Australian Office of Financial Management’s website.

Announcement of Results

The results of Tender No. 666 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 12 February 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 666 must be settled in the Austraclear System on Monday, 17 February 2014.

Last updated: 19 February 2014

Results

5 February 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 (%) 4.2041
Lowest Yield Accepted (%) 4.200
Highest Yield Accepted (%) 4.205
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 38
Coverage Ratio 4.41

*Individual allotments may vary due to rounding.

Last updated: 19 February 2014