Tender 30/16


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Notes on Thursday, 8 December 2016. Details of the tender are set out below.

Maturity Date 28 April 2017
Series ID T28047
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 Daylight Time on Thursday, 8 December 2016.

All bids must comply with the Information Memorandum for Treasury Notes [PDF 566KB | RTF 1.029MB] dated 27 July 2016.

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, 9 December 2016.

Last updated: 8 December 2016


8 December 2016

Maturity 28 April 2017
Series Number T28047
Offered to Public ($million) 500
Amount Allotted to Public ($million) 500
Weighted Average Issue Yield (%) 1.5953
Coverage Ratio 4.388
Lowest Yield Accepted (%) 1.57
Highest Yield Accepted (%) 1.62
Total Amount of All Bids Received ($million) 2,194
Total Number of Bids 29
Total Number of Successful Bids 6
Number of Bids Allocated in Full 4
Best Bid (%) 1.57
Worst Bid (%) 1.83
Weighted Average Bid (%) 1.6488
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 93.5

*Individual allotments may vary due to rounding.

Last updated: 8 December 2016