Tender 731

Announcement

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

Series Offered 3.25% 21 April 2029
Series Number TB138
ISIN AU3TB0000150
Offered to Public ($million) 600
First Coupon Payment Due* 21 April 2015
First Coupon Payment Amount (per $100 face value) $1.625

*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, 29 October 2014.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 731 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 29 October 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 731 must be settled in the Austraclear System on Monday, 3 November 2014.

Last updated: 29 October 2014

Results

29 October 2014

Series Offered 3.25% 21 April 2029
Series ID TB138
ISIN AU3TB0000150
Offered to Public ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 3.6260
Coverage Ratio 4.850
Lowest Yield Accepted (%) 3.625
Highest Yield Accepted (%) 3.630
Total Amount of All Bids Received ($million) 2,910
Total Number of Bids 39
Total Number of Successful Bids 10
Number of Bids Allocated in Full 3
Best Bid (%) 3.625
Worst Bid (%) 3.650
Weighted Average Bid (%) 3.6350
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 20

*Individual allotments may vary due to rounding.

Last updated: 29 October 2014