Tender 861


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 6 April 2016. Details of the tender are set out below.

Series Offered 4.25% 21 April 2026
Series Number TB142
Offered to Public ($million) 900
First Coupon Payment Due* 21 April 2016
First Coupon Payment Amount (per $100 face value) $2.125

*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 Standard Time on Wednesday, 6 April 2016.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 665KB | RTF 1.171MB] dated 4 March 2016.

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 Friday, 8 April 2016.

Last updated: 6 April 2016


6 April 2016

Series Offered 4.25% 21 April 2026
Series ID TB142
Offered to Public ($million) 900
Amount Allotted to Public ($million) 900
Weighted Average Issue Yield (%) 2.4350
Coverage Ratio 2.5611
Lowest Yield Accepted (%) 2.4300
Highest Yield Accepted (%) 2.4375
Total Amount of All Bids Received ($million) 2,305
Total Number of Bids 44
Total Number of Successful Bids 17
Number of Bids Allocated in Full 11
Best Bid (%) 2.4300
Worst Bid (%) 2.4700
Weighted Average Bid (%) 2.4418
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 40.4

*Individual allotments may vary due to rounding.

Last updated: 6 April 2016