Tender 802

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 28 August 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) 800
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 Friday, 28 August 2015.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 146KB | RTF 1.134MB] dated 14 August 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 Wednesday, 2 September 2015.

Last updated: 28 August 2015

Results

28 August 2015

Series Offered 2.75% 21 October 2019
Series ID TB143
ISIN AU3TB0000184
Offered to Public ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 1.9313
Coverage Ratio 3.9588
Lowest Yield Accepted (%) 1.9275
Highest Yield Accepted (%) 1.9350
Total Amount of All Bids Received ($million) 3,167
Total Number of Bids 46
Total Number of Successful Bids 12
Number of Bids Allocated in Full 6
Best Bid (%) 1.9275
Worst Bid (%) 1.9550
Weighted Average Bid (%) 1.9382
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 28.3

*Individual allotments may vary due to rounding.

Last updated: 28 August 2015