Tender 751

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 6 February 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) 600
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, 6 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 Wednesday, 11 February 2015.

Last updated: 6 February 2015

Results

6 February 2015

Series Offered 2.75% 21 October 2019
Series ID TB143
ISIN AU3TB0000184
Offered to Public ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 1.9977
Coverage Ratio 4.575
Lowest Yield Accepted (%) 1.995
Highest Yield Accepted (%) 2.000
Total Amount of All Bids Received ($million) 2,745
Total Number of Bids 32
Total Number of Successful Bids 12
Number of Bids Allocated in Full 3
Best Bid (%) 1.995
Worst Bid (%) 2.045
Weighted Average Bid (%) 2.0053
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 39.9

*Individual allotments may vary due to rounding.

Last updated: 6 February 2015