Tender 893


The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 22 July 2016. Details of the tender are set out below.

Series Offered 4.50% 15 April 2020
Series Number TB126
ISIN AU3TB0000036
Offered to Public ($million) 600
First Coupon Payment Due* 15 October 2016
First Coupon Payment Amount (per $100 face value) $2.25

*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 Friday, 22 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 Tuesday, 26 July 2016.

Last updated: 22 July 2016


22 July 2016

Series Offered 4.50% 15 April 2020
Series ID TB126
ISIN AU3TB0000036
Offered to Public ($million) 600
Amount Allotted to Public ($million) 600
Weighted Average Issue Yield (%) 1.4541
Coverage Ratio 3.8583
Lowest Yield Accepted (%) 1.4525
Highest Yield Accepted (%) 1.4550
Total Amount of All Bids Received ($million) 2,315
Total Number of Bids 34
Total Number of Successful Bids 12
Number of Bids Allocated in Full 4
Best Bid (%) 1.4525
Worst Bid (%) 1.4800
Weighted Average Bid (%) 1.4609
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 73.8

*Individual allotments may vary due to rounding.

Last updated: 22 July 2016