Tender 21/14

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 13 November 2014. Details of the tender are set out below.

Maturity date	Friday, 27 February 2015
Series ID	T27025
ISIN	AU2CLT270258
Offered to Public ($million)	500

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.15 am and 10.30 am Australian Eastern Daylight Time on Thursday, 13 November 2014.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 117KB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 21/14 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Thursday, 13 November 2014.

Settlement Arrangements

Successful bids for Treasury Notes offered in Tender No. 21/14 must be settled in the Austraclear System on Friday, 14 November 2014.

Last updated: 13 November 2014

Results

13 November 2014

Maturity	27 February 2015
Series Number	T27025
ISIN	AU2CLT270258
Offered to Public ($million)	500
Amount Allotted to Public ($million)	500
Weighted Average Issue Yield (%)	2.5461
Coverage Ratio	2.530
Lowest Yield Accepted (%)	2.50
Highest Yield Accepted (%)	2.56
Total Amount of All Bids Received ($million)	1,265
Total Number of Bids	33
Total Number of Successful Bids	17
Number of Bids Allocated in Full	13
Best Bid (%)	2.50
Worst Bid (%)	2.79
Weighted Average Bid (%)	2.5921
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*	53.8

*Individual allotments may vary due to rounding.