Tender 763

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 20 March 2015. Details of the tender are set out below.

Series Offered 3.25% 21 October 2018
Series Number TB141
ISIN AU3TB0000176
Offered to Public ($million) 700
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 Friday, 20 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 Wednesday, 25 March 2015.

Last updated: 20 March 2015

Results

20 March 2015

Series Offered 3.25% 21 October 2018
Series ID TB141
ISIN AU3TB0000176
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 1.8195
Coverage Ratio 4.736
Lowest Yield Accepted (%) 1.815
Highest Yield Accepted (%) 1.820
Total Amount of All Bids Received ($million) 3,315
Total Number of Bids 34
Total Number of Successful Bids 8
Number of Bids Allocated in Full 2
Best Bid (%) 1.815
Worst Bid (%) 1.850
Weighted Average Bid (%) 1.8264
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 75.8

*Individual allotments may vary due to rounding.

Last updated: 20 March 2015