Tender 746

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 16 January 2015. Details of the tender are set out below.

Series Offered 2.75% 21 October 2019
Series Number TB143
ISIN AU3TB0000184
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 Friday, 16 January 2015.

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 746 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Friday, 16 January 2015.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender 746 must be settled in the Austraclear System on Wednesday, 21 January 2015.

Last updated: 16 January 2015

Results

16 January 2015

Series Offered 2.75% 21 October 2019
Series ID TB143
ISIN AU3TB0000184
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 2.1532
Coverage Ratio 3.050
Lowest Yield Accepted (%) 2.150
Highest Yield Accepted (%) 2.155
Total Amount of All Bids Received ($million) 2,135
Total Number of Bids 36
Total Number of Successful Bids 9
Number of Bids Allocated in Full 3
Best Bid (%) 2.150
Worst Bid (%) 2.185
Weighted Average Bid (%) 2.1614
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 80.4

*Individual allotments may vary due to rounding.

Last updated: 16 January 2015