Tender 1079

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 7 September 2018. Details of the tender are set out below.

Series Offered 2.50% 21 May 2030
Series Number TB155
ISIN AU0000013740
Offered to Public ($million) 1,000
First Coupon Payment Due* 21 November 2018
First Coupon Payment Amount (per $100 face value) $1.25

*Coupons will be paid at half-yearly intervals thereafter.

Lodgment of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Standard Time on Friday, 7 September 2018.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 792KB | RTF 1.215MB] 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 Bonds offered in the tender must be settled in the Austraclear System on Tuesday, 11 September 2018.

Last updated: 7 September 2018

Results

7 September 2018

Series Offered 2.50% 21 May 2030
Series ID TB155
ISIN AU0000013740
Offered to Public ($million) 1,000
Amount Allotted to Public ($million) 1,000
Weighted Average Issue Yield (%) 2.5859
Coverage Ratio 3.2950
Lowest Yield Accepted (%) 2.5825
Highest Yield Accepted (%) 2.5875
Volume of Bids Received ($million) 3,295
Number of Bids 41
Number of Successful Bids 14
Number of Bids Allocated in Full 7
Best Bid (%) 2.5825
Worst Bid (%) 2.6025
Weighted Average Bid (%) 2.5902
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 45.8

*Individual allotments may vary due to rounding.

Last updated: 7 September 2018