Tender 840

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 29 January 2016. Details of the tender are set out below.

Series Offered 3.25% 21 April 2025
Series Number TB139
ISIN AU3TB0000168
Offered to Public ($million) 900
First Coupon Payment Due* 21 April 2016
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 Daylight Time on Friday, 29 January 2016.

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, 3 February 2016.

Last updated: 3 February 2016

Results

29 January 2016

Series Offered 3.25% 21 April 2025
Series ID TB139
ISIN AU3TB0000168
Offered to Public ($million) 900
Amount Allotted to Public ($million) 900
Weighted Average Issue Yield (%) 2.6128
Coverage Ratio 2.3900
Lowest Yield Accepted (%) 2.6100
Highest Yield Accepted (%) 2.6150
Total Amount of All Bids Received ($million) 2,151
Total Number of Bids 42
Total Number of Successful Bids 16
Number of Bids Allocated in Full 8
Best Bid (%) 2.6100
Worst Bid (%) 2.6400
Weighted Average Bid (%) 2.6186
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 64.6

*Individual allotments may vary due to rounding.

Last updated: 3 February 2016