Tender 835

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 9 December 2015. Details of the tender are set out below.

Series Offered 4.75% 21 April 2027
Series Number TB136
ISIN AU3TB0000135
Offered to Public ($million) 800
First Coupon Payment Due* 21 April 2016
First Coupon Payment Amount (per $100 face value) $2.375

*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 Wednesday, 9 December 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 Monday, 14 December 2015.

Last updated: 15 January 2016

Results

9 December 2015

Series Offered 4.75% 21 April 2027
Series ID TB136
ISIN AU3TB0000135
Offered to Public ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 2.9703
Coverage Ratio 2.3000
Lowest Yield Accepted (%) 2.9650
Highest Yield Accepted (%) 2.9725
Total Amount of All Bids Received ($million) 1,840
Total Number of Bids 40
Total Number of Successful Bids 20
Number of Bids Allocated in Full 12
Best Bid (%) 2.9650
Worst Bid (%) 3.0000
Weighted Average Bid (%) 2.9743
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 76.1

*Individual allotments may vary due to rounding.

Last updated: 15 January 2016