Tender 803

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Monday, 31 August 2015. Details of the tender are set out below.

Series Offered 2.75% 21 June 2035
Series Number TB145
ISIN AU000XCLWAM0
Offered to Public ($million) 500
First Coupon Payment Due* 21 December 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 Monday, 31 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 Thursday, 3 September 2015.

Last updated: 31 August 2015

Results

31 August 2015

Series Offered 2.75% 21 June 2035
Series ID TB145
ISIN AU000XCLWAM0
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 3.3234
Coverage Ratio 2.0100
Lowest Yield Accepted (%) 3.3175
Highest Yield Accepted (%) 3.3300
Total Amount of All Bids Received ($million) 1,005
Total Number of Bids 45
Total Number of Successful Bids 26
Number of Bids Allocated in Full 21
Best Bid (%) 3.3175
Worst Bid (%) 3.3525
Weighted Average Bid (%) 3.3316
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 12

*Individual allotments may vary due to rounding.

Last updated: 31 August 2015