Tender 667

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 14 February 2014. Details of the tender are set out below.

Series Offered 5.50% 21 January 2018
Series Number TB132
ISIN AU3TB0000093
Offered to Public ($million) 800
Reserve Bank Take-up ($million)
Total Amount Offered ($million) 800
First Coupon Payment Due* 21 July 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 Daylight Time on Frisday, 14 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. 667 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 14 February 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 667 must be settled in the Austraclear System on Wednesday, 19 February 2014.

Last updated: 19 February 2014

Results

5 February 2014

Series Offered 5.50% 21 January 2018
ISIN AU3TB0000093
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 (%) 3.2157
Lowest Yield Accepted (%) 3.210
Highest Yield Accepted (%) 3.220
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 79
Coverage Ratio 4.56

*Individual allotments may vary due to rounding.

Last updated: 19 February 2014