Tender 750

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 4 February 2015. Details of the tender are set out below.

Series Offered 3.25% 21 April 2025
Series Number TB139
ISIN AU3TB0000168
Offered to Public ($million) 800
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, 4 February 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 Monday, 9 February 2015.

Last updated: 4 February 2015

Results

4 February 2015

Series Offered 3.25% 21 April 2025
Series ID TB139
ISIN AU3TB0000168
Offered to Public ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 2.3998
Coverage Ratio 3.018
Lowest Yield Accepted (%) 2.395
Highest Yield Accepted (%) 2.405
Total Amount of All Bids Received ($million) 2,414
Total Number of Bids 42
Total Number of Successful Bids 27
Number of Bids Allocated in Full 13
Best Bid (%) 2.395
Worst Bid (%) 2.440
Weighted Average Bid (%) 2.4056
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 3.8

*Individual allotments may vary due to rounding.

Last updated: 4 February 2015