Tender 747

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 21 January 2015. Details of the tender are set out below.

Series Offered 4.50% 21 April 2033
Series Number TB140
ISIN AU000XCLWAG2
Offered to Public ($million) 700
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, 21 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 the tender are expected to be announced as soon as practicable after the closing time for the lodgement of bids.

Settlement Arrangements

Successful bids for Treasury Bonds offered in the tender must be settled in the Austraclear System on Tuesday, 27 January 2015.

Last updated: 21 January 2015

Results

21 January 2015

Series Offered 4.50% 21 April 2033
Series ID TB140
ISIN AU000XCLWAG2
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 2.9281
Coverage Ratio 1.879
Lowest Yield Accepted (%) 2.920
Highest Yield Accepted (%) 2.935
Total Amount of All Bids Received ($million) 1,315
Total Number of Bids 42
Total Number of Successful Bids 29
Number of Bids Allocated in Full 20
Best Bid (%) 2.920
Worst Bid (%) 2.980
Weighted Average Bid (%) 2.9338
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 30.4

*Individual allotments may vary due to rounding.

Last updated: 21 January 2015