Tender 811

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 23 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) 700
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 Wednesday, 23 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 Tuesday, 29 September 2015.

Last updated: 23 September 2015

Results

23 September 2015

Series Offered 3.25% 21 October 2018
Series ID TB141
ISIN AU3TB0000176
Offered to Public ($million) 700
Amount Allotted to Public ($million) 700
Weighted Average Issue Yield (%) 1.9037
Coverage Ratio 4.2714
Lowest Yield Accepted (%) 1.9000
Highest Yield Accepted (%) 1.9050
Total Amount of All Bids Received ($million) 2,990
Total Number of Bids 60
Total Number of Successful Bids 12
Number of Bids Allocated in Full 6
Best Bid (%) 1.9000
Worst Bid (%) 1.9400
Weighted Average Bid (%) 1.9122
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 77.2

*Individual allotments may vary due to rounding.

Last updated: 23 September 2015