Tender 795

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 5 August 2015. Details of the tender are set out below.

Series Offered 2.75% 21 April 2024
Series Number TB137
ISIN AU3TB0000143
Offered to Public ($million) 900
First Coupon Payment Due* 21 October 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 Standard Time on Wednesday, 5 August 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, 10 August 2015.

Last updated: 5 August 2015

Results

5 August 2015

Series Offered 2.75% 21 April 2024
Series ID TB137
ISIN AU3TB0000143
Offered to Public ($million) 900
Amount Allotted to Public ($million) 900
Weighted Average Issue Yield (%) 2.7166
Coverage Ratio 2.422
Lowest Yield Accepted (%) 2.710
Highest Yield Accepted (%) 2.720
Total Amount of All Bids Received ($million) 2,180
Total Number of Bids 40
Total Number of Successful Bids 14
Number of Bids Allocated in Full 6
Best Bid (%) 2.710
Worst Bid (%) 2.745
Weighted Average Bid (%) 2.7233
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 67.8

*Individual allotments may vary due to rounding.

Last updated: 5 August 2015