Tender 741

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 3 December 2014. Details of the tender are set out below.

Series Offered 3.25% 21 October 2018
Series Number TB141
ISIN AU3TB0000176
Offered to Public ($million) 500
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, 3 December 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. 741 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 3 December 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 741 must be settled in the Austraclear System on Monday, 8 December 2014.

Last updated: 3 December 2014

Results

3 December 2014

Series Offered 3.25% 21 October 2018
Series ID TB141
ISIN AU3TB0000176
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 2.4910
Coverage Ratio 5.920
Lowest Yield Accepted (%) 2.490
Highest Yield Accepted (%) 2.495
Total Amount of All Bids Received ($million) 2,960
Total Number of Bids 29
Total Number of Successful Bids 12
Number of Bids Allocated in Full 4
Best Bid (%) 2.490
Worst Bid (%) 2.515
Weighted Average Bid (%) 2.5004
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 10.7

*Individual allotments may vary due to rounding.

Last updated: 3 December 2014