Tender 736

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 14 November 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) 500
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, 14 November 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. 736 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 14 November 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 736 must be settled in the Austraclear System on Wednesday, 19 November 2014.

Last updated: 14 November 2014

Results

14 November 2014

Series Offered 2.75% 21 October 2019
Series ID TB143
ISIN AU3TB0000184
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.8270
Coverage Ratio 5.380
Lowest Yield Accepted (%) 2.825
Highest Yield Accepted (%) 2.830
Total Amount of All Bids Received ($million) 2,690
Total Number of Bids 38
Total Number of Successful Bids 13
Number of Bids Allocated in Full 4
Best Bid (%) 2.825
Worst Bid (%) 2.855
Weighted Average Bid (%) 2.8359
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 30.3

*Individual allotments may vary due to rounding.

Last updated: 14 November 2014