Tender 653
Announcement
The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 27 November 2013. Details of the tender are set out below.
| Series Offered | 4.50% 15 April 2020 |
|---|---|
| Series Number | TB126 |
| ISIN | AU3TB0000036 |
| Offered to Public ($million) | 800 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 800 |
| First Coupon Payment Due* | 15 April 2014 |
| First Coupon Payment Amount (per $100 face value) | $2.250 |
*Coupons will be paid at half-yearly intervals thereafter.
Lodgement of Bids
Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Daylight Time on Wednesday, 27 November 2013.
All bids must comply with the Information Memorandum for Treasury Bonds [PDF 167KB | RTF 1MB] dated 11 October 2013, a copy of which is available on the Australian Office of Financial Management’s website.
Announcement of Results
The results of Tender No. 653 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 27 November 2013.
Settlement Arrangements
Successful bids for Treasury Bonds offered in Tender No. 653 must be settled in the Austraclear System on Monday, 2 December 2013.
Last updated: 13 February 2014
Results
27 November 2013
| Series Offered | 4.50% 15 April 2020 |
|---|---|
| ISIN | AU3TB0000036 |
| Offered to Public ($million) | 800 |
| Reserve Bank Take-up ($million) | – |
| Total Amount Offered ($million) | 800 |
| Amount Allotted to Public ($million) | 800 |
| Weighted Average Issue Yield (%) | 3.7061 |
| Lowest Yield Accepted (%) | 3.700 |
| Highest Yield Accepted (%) | 3.710 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 34 |
| Coverage Ratio | 4.29 |
*Individual allotments may vary due to rounding.
Last updated: 13 February 2014