Tender 129


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 22 March 2016. Details of the tender are set out below.

Series Offered 1.25% 21 February 2022
Series Number CAIN409
Offered to Public ($million) 150
First Coupon Payment Due* 21 May 2016
Nominal Value of Principal for First Coupon Payment ($) 108.70

*Coupons will be paid at quarterly 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 Tuesday, 22 March 2016.

All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 707KB | RTF 1.27MB] dated 4 March 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 Indexed Bonds offered in the tender must be settled in the Austraclear System on Thursday, 24 March 2016.

Last updated: 22 March 2016


22 March 2016

Series Offered 1.25% 21 February 2022
Series ID CAIN409
Offered to Public ($million) 150
Amount Allotted to Public ($million) 150
Weighted Average Issue Yield (%) .3530
Coverage Ratio 3.7667
Lowest Yield Accepted (%) .3400
Highest Yield Accepted (%) .3600
Total Amount of All Bids Received ($million) 565
Total Number of Bids 40
Total Number of Successful Bids 12
Number of Bids Allocated in Full 9
Best Bid (%) .3400
Worst Bid (%) .4150
Weighted Average Bid (%)  .3751
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 80

*Individual allotments may vary due to rounding.

Last updated: 22 March 2016