Tender 12/18

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 21 June 2018. Details of the tender are set out below.

Maturity Date 12 October 2018
Series ID T12108
ISIN AU2CLT121089
Offered to Public ($million) 500

Lodgment of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.15 am and 10.30 am Australian Eastern Standard Time on Thursday, 21 June 2018.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 3 October 2017.

Announcement of Results

The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgment of bids.

Settlement Arrangements

Successful bids for Treasury Notes offered in the tender must be settled in the Austraclear System on Friday, 22 June 2018.

Last updated: 21 June 2018

Results

21 June 2018

Maturity 12 October 2018
Series Number T12108
ISIN AU2CLT121089
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.8993
Coverage Ratio 5.19
Lowest Yield Accepted (%) 1.80
Highest Yield Accepted (%) 1.95
Total Amount of All Bids Received ($million) 2,595
Total Number of Bids 53
Total Number of Successful Bids 15
Number of Bids Allocated in Full 8
Best Bid (%) 1.80
Worst Bid (%) 2.14
Weighted Average Bid (%) 2.0176
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 43.9

*Individual allotments may vary due to rounding.

Last updated: 21 June 2018