Tender 743

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 10 December 2014. Details of the tender are set out below.

Series Offered 4.50% 21 April 2033
Series Number TB140
ISIN AU000XCLWAG2
Offered to Public ($million) 600
First Coupon Payment Due* 21 April 2015
First Coupon Payment Amount (per $100 face value) $2.250

*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, 10 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. 743 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 10 December 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 743 must be settled in the Austraclear System on Monday, 15 December 2014.

Last updated: 10 December 2014

Results

5 December 2014

Series Offered 4.50% 21 April 2033
Series ID TB140
ISIN AU000XCLWAG2
Offered to Public ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 3.4022
Coverage Ratio 1.8517
Lowest Yield Accepted (%) 3.395
Highest Yield Accepted (%) 3.405
Total Amount of All Bids Received ($million) 1,111
Total Number of Bids 35
Total Number of Successful Bids 20
Number of Bids Allocated in Full 9
Best Bid (%) 3.395
Worst Bid (%) 3.425
Weighted Average Bid (%) 3.4072
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 82.4

*Individual allotments may vary due to rounding.

Last updated: 10 December 2014