Tender 807

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 11 September 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) 800
First Coupon Payment Due* 21 October 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 Standard Time on Friday, 11 September 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, 16 September 2015.

Last updated: 11 September 2015

Results

11 September 2015

Series Offered 3.25% 21 October 2018
Series ID TB141
ISIN AU3TB0000176
Offered to Public ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 1.8738
Coverage Ratio 3.2313
Lowest Yield Accepted (%) 1.8700
Highest Yield Accepted (%) 1.8750
Total Amount of All Bids Received ($million) 2,585
Total Number of Bids 41
Total Number of Successful Bids 12
Number of Bids Allocated in Full 5
Best Bid (%) 1.8700
Worst Bid (%) 1.9000
Weighted Average Bid (%) 1.8791
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 59.2

*Individual allotments may vary due to rounding.

Last updated: 11 September 2015