Tender 86
Announcement
The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Indexed Bonds on Tuesday, 12 November 2013. Details of the tender are set out below.
| Series Offered | 2.50% 20 September 2030 |
| Series Number | CAIN408 |
| ISIN | AU000XCLWV6 |
| Offered to Public ($million) | 150 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 150 |
| First Coupon Payment Due* | 20 December 2013 |
| Nominal Value of Principal for First Coupon Payment ($) | 108.32 |
*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, 12 November 2013.
All bids must comply with the Information Memorandum for Treasury Indexed Bonds [PDF 167KB | RTF 1.3MB] dated 11 October 2013, a copy of which is available on the Australian Office of Financial Management’s website.
Announcement of Results
The results of Tender No. 86 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Tuesday, 12 November 2013.
Settlement Arrangements
Successful bids for Treasury Indexed Bonds offered in Tender No. 86 must be settled in the Austraclear System on Friday, 15 November 2013.
Last updated: 15 January 2014
Results
12 November 2013
| Series Offered | 2.50% 20 September 2030 |
|---|---|
| ISIN | AU0000XCLWV6 |
| Offered to Public ($million) | 150 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 150 |
| Amount Allotted to Public ($million) | 150 |
| Weighted Average Issue Yield (%) | 2.0900 |
| Lowest Yield Accepted (%) | 2.0800 |
| Highest Yield Accepted (%) | 2.1025 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 14 |
| Coverage Ratio | 3.51 |
* Individual allotments may vary due to rounding.
Last updated: 15 January 2014