Tender 825

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 13 November 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 April 2016
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 Daylight Time on Friday, 13 November 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, 18 November 2015.

Last updated: 13 November 2015

Results

13 November 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 (%) 2.2231
Coverage Ratio 2.9750
Lowest Yield Accepted (%) 2.2200
Highest Yield Accepted (%) 2.2250
Total Amount of All Bids Received ($million) 2,380
Total Number of Bids 39
Total Number of Successful Bids 13
Number of Bids Allocated in Full 6
Best Bid (%) 2.2200
Worst Bid (%) 2.2600
Weighted Average Bid (%) 2.2289
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 52.6

*Individual allotments may vary due to rounding.

Last updated: 13 November 2015