Tender 891


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Monday, 18 July 2016. Details of the tender are set out below.

Series Offered 2.75% 21 June 2035
Series Number TB145
Offered to Public ($million) 300
First Coupon Payment Due* 21 December 2016
First Coupon Payment Amount (per $100 face value) $1.375

*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 Monday, 18 July 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 Wednesday, 20 July 2016.

Last updated: 18 July 2016


18 July 2016

Series Offered 2.75% 21 June 2035
Series ID TB145
Offered to Public ($million) 300
Amount Allotted to Public ($million) 300
Weighted Average Issue Yield (%) 2.4853
Coverage Ratio 3.2333
Lowest Yield Accepted (%) 2.4850
Highest Yield Accepted (%) 2.4875
Total Amount of All Bids Received ($million) 970
Total Number of Bids 42
Total Number of Successful Bids 10
Number of Bids Allocated in Full 5
Best Bid (%) 2.4850
Worst Bid (%) 2.5350
Weighted Average Bid (%) 2.4951
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 33.3

*Individual allotments may vary due to rounding.

Last updated: 18 July 2016