Tender 758

Announcement

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

Series Offered 4.75% 21 April 2027
Series Number TB136
ISIN AU3TB0000135
Offered to Public ($million) 700
First Coupon Payment Due* 21 April 2015
First Coupon Payment Amount (per $100 face value) $2.375

*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 Wednesday, 4 March 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, 10 March 2015.

Last updated: 4 March 2015

Results

4 March 2015

Series Offered 4.75% 21 April 2027
Series ID TB136
ISIN AU3TB0000135
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 2.7209
Coverage Ratio 2.171
Lowest Yield Accepted (%) 2.715
Highest Yield Accepted (%) 2.725
Total Amount of All Bids Received ($million) 1,520
Total Number of Bids 32
Total Number of Successful Bids 18
Number of Bids Allocated in Full 10
Best Bid (%) 2.715
Worst Bid (%) 2.755
Weighted Average Bid (%) 2.7268
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 40

*Individual allotments may vary due to rounding.

Last updated: 4 March 2015