Tender 782

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 10 June 2015. Details of the tender are set out below.

Series Offered 4.25% 21 April 2026
Series Number TB142
ISIN AU000XCLWAI8
Offered to Public ($million) 700
First Coupon Payment Due* 21 October 2015
First Coupon Payment Amount (per $100 face value) $2.125

*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 Standard Time on Wednesday, 10 June 2015.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 146KB | RTF 1.133MB] dated 27 March 2015.

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, 15 June 2015.

Last updated: 10 June 2015

Results

10 June 2015

Series Offered 4.25% 21 April 2026
Series ID TB142
ISIN AU000XCLWAI8
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 3.1360
Coverage Ratio 2.910
Lowest Yield Accepted (%) 3.135
Highest Yield Accepted (%) 3.140
Total Amount of All Bids Received ($million) 2,037
Total Number of Bids 33
Total Number of Successful Bids 14
Number of Bids Allocated in Full 6
Best Bid (%) 3.135
Worst Bid (%) 3.175
Weighted Average Bid (%) 3.1427
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 25.3

*Individual allotments may vary due to rounding.

Last updated: 10 June 2015