Tender 1123

Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Monday, 15 April 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) 800
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 Standard Time on Monday, 15 April 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, 17 April 2019.

Last updated: 15 April 2019

Results

15 April 2019

Series Offered 2.50% 21 May 2030
Series ID TB155
ISIN AU0000013740
Offered to Public ($million) 800
Amount Allotted to Public ($million) 800
Weighted Average Issue Yield (%) 1.9783
Coverage Ratio 3.4188
Lowest Yield Accepted (%) 1.9750
Highest Yield Accepted (%) 1.9800
Volume of Bids Received ($million) 2,735
Number of Bids 31
Number of Successful Bids 16
Number of Bids Allocated in Full 7
Best Bid (%) 1.9750
Worst Bid (%) 2.0000
Weighted Average Bid (%)  1.9838
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 36.4

*Individual allotments may vary due to rounding.

Last updated: 15 April 2019