Tender 732

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 31 October 2014. Details of the tender are set out below.

Series Offered 2.75% 21 October 2019
Series Number TB143
ISIN AU3TB0000184
Offered to Public ($million) 600
First Coupon Payment Due* 21 April 2015
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 Friday, 31 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. 732 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 31 October 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 732 must be settled in the Austraclear System on Wednesday, 5 November 2014.

Last updated: 31 October 2014

Results

31 October 2014

Series Offered 2.75% 21 October 2019
Series ID TB143
ISIN AU3TB0000184
Offered to Public ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 2.8185
Coverage Ratio 6.125
Lowest Yield Accepted (%) 2.815
Highest Yield Accepted (%) 2.820
Total Amount of All Bids Received ($million) 3,675
Total Number of Bids 41
Total Number of Successful Bids 8
Number of Bids Allocated in Full 3
Best Bid (%) 2.815
Worst Bid (%) 2.850
Weighted Average Bid (%) 2.8288
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 91.4

*Individual allotments may vary due to rounding.

Last updated: 31 October 2014