Tender 749

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 30 January 2015. 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 Friday, 30 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 Wednesday, 4 February 2015.

 

Last updated: 30 January 2015

Results

30 January 2015

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 (%) 2.4315
Coverage Ratio 3.843
Lowest Yield Accepted (%) 2.430
Highest Yield Accepted (%) 2.435
Total Amount of All Bids Received ($million) 2,690
Total Number of Bids 41
Total Number of Successful Bids 19
Number of Bids Allocated in Full 6
Best Bid (%) 2.430
Worst Bid (%) 2.460
Weighted Average Bid (%) 2.4377
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 21.4

*Individual allotments may vary due to rounding.

Last updated: 30 January 2015