Tender 914

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 30 September 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 October 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 Standard Time on Friday, 30 September 2016.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 792KB | RTF 1.215MB] dated 27 July 2016.

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, 5 October 2016.

Last updated: 30 September 2016

Results

30 September 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 (%) 1.8877
Coverage Ratio 1.6589
Lowest Yield Accepted (%) 1.8800
Highest Yield Accepted (%) 1.8925
Total Amount of All Bids Received ($million) 1,493
Total Number of Bids 40
Total Number of Successful Bids 28
Number of Bids Allocated in Full 21
Best Bid (%) 1.8800
Worst Bid (%) 1.9100
Weighted Average Bid (%) 1.8917
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 37.8

*Individual allotments may vary due to rounding.

Last updated: 30 September 2016