Tender 1102

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Monday, 14 January 2019. 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 May 2019
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 Daylight Time on Monday, 14 January 2019.

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 Wednesday, 16 January 2019.

Last updated: 14 January 2019

Results

14 January 2019

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 (%) 2.3296
Coverage Ratio 2.9300
Lowest Yield Accepted (%) 2.3275
Highest Yield Accepted (%) 2.3325
Volume of Bids Received ($million) 2,930
Number of Bids 35
Number of Successful Bids 22
Number of Bids Allocated in Full 12
Best Bid (%) 2.3275
Worst Bid (%) 2.3475
Weighted Average Bid (%)  2.3352
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 16.5

*Individual allotments may vary due to rounding.

Last updated: 14 January 2019