Tender 1083

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 26 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) 1,500
First Coupon Payment Due* 21 November 2018
First Coupon Payment Amount (per $100 face value) $1.250

*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 Yieldbroker DEBTS, between 10.45 am and 11.00 am Australian Eastern Standard Time on Wednesday, 26 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 Friday, 28 September 2018.

Last updated: 26 September 2018

Results

26 September 2018

Series Offered 2.50% 21 May 2030
Series ID TB155
ISIN AU0000013740
Offered to Public ($million) 1,500
Amount Allotted to Public ($million) 1,500
Weighted Average Issue Yield (%) 2.8035
Coverage Ratio 2.4660
Lowest Yield Accepted (%) 2.7950
Highest Yield Accepted (%) 2.8050
Volume of Bids Received ($million) 3,699
Number of Bids 44
Number of Successful Bids 17
Number of Bids Allocated in Full 8
Best Bid (%) 2.7950
Worst Bid (%) 2.8200
Weighted Average Bid (%) 2.8082
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 85.6

*Individual allotments may vary due to rounding.

Last updated: 26 September 2018