Tender 739

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 26 November 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) 700
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 Wednesday, 26 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. 739 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 26 November 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 739 must be settled in the Austraclear System on Monday, 1 December 2014.

Last updated: 26 November 2014

Results

26 November 2014

Series Offered 2.75% 21 April 2024
Series ID TB137
ISIN AU3TB0000143
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 3.1397
Coverage Ratio 2.960
Lowest Yield Accepted (%) 3.135
Highest Yield Accepted (%) 3.145
Total Amount of All Bids Received ($million) 2,072
Total Number of Bids 41
Total Number of Successful Bids 28
Number of Bids Allocated in Full 16
Best Bid (%) 3.135
Worst Bid (%) 3.155
Weighted Average Bid (%) 3.1451
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 3.9

*Individual allotments may vary due to rounding.

Last updated: 26 November 2014