Tender 755
Announcement
The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 20 February 2015. Details of the tender are set out below.
| Series Offered | 5.25% 15 March 2019 |
|---|---|
| Series Number | TB122 |
| ISIN | AU300TB01224 |
| Offered to Public ($million) | 600 |
| First Coupon Payment Due* | 15 March 2015 |
| First Coupon Payment Amount (per $100 face value) | $2.625 |
*Coupons will be paid at half-yearly intervals thereafter.
Lodgement of Bids
Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Daylight Time on Friday, 20 February 2015.
All bids must comply with the Information Memorandum for Treasury Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.
Announcement of Results
The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgement of bids.
Settlement Arrangements
Successful bids for Treasury Bonds offered in the tender must be settled in the Austraclear System on Wednesday, 25 February 2015.
Last updated: 20 February 2015
Results
20 February 2015
| Series Offered | 5.25% 15 March 2019 |
|---|---|
| Series ID | TB122 |
| ISIN | AU300TB01224 |
| Offered to Public ($million) | 600 |
| Amount Allotted to Public ($million) | 600 |
| Weighted Average Issue Yield (%) | 1.9235 |
| Coverage Ratio | 4.550 |
| Lowest Yield Accepted (%) | 1.920 |
| Highest Yield Accepted (%) | 1.925 |
| Total Amount of All Bids Received ($million) | 2,730 |
| Total Number of Bids | 30 |
| Total Number of Successful Bids | 9 |
| Number of Bids Allocated in Full | 2 |
| Best Bid (%) | 1.920 |
| Worst Bid (%) | 1.960 |
| Weighted Average Bid (%) | 1.9312 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 62.2 |
*Individual allotments may vary due to rounding.
Last updated: 20 February 2015