Tender 23/17


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 26 October 2017. Details of the tender are set out below.

Maturity Date 23 February 2018
Series ID T23028
Offered to Public ($million) 1,000

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 Daylight Time on Thursday, 26 October 2017.

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, 27 October 2017.

Last updated: 26 October 2017


26 October 2017

Maturity 23 February 2018
Series Number T23028
Offered to Public ($million) 1,000
Amount Allotted to Public ($million) 1,000
Weighted Average Issue Yield (%) 1.7262
Coverage Ratio 3.741
Lowest Yield Accepted (%) 1.70
Highest Yield Accepted (%) 1.75
Total Amount of All Bids Received ($million) 3,741
Total Number of Bids 52
Total Number of Successful Bids 26
Number of Bids Allocated in Full 17
Best Bid (%) 1.70
Worst Bid (%) 1.80
Weighted Average Bid (%) 1.7576
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 8.3

*Individual allotments may vary due to rounding.

Last updated: 26 October 2017