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NZ Govt Bond Tender #831; Tender Date 22 Sep 2022
22nd Sep 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 831 held on Sep 22, 2022.
Tender Date: Thursday, Sep 22, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Sep 28 2022
(1) Series Offered : 0.5% 15 May 2026
| Sep 22 - #831 | Sep 8 - #829 | Aug 18 - #827 | Aug 4 - #825 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 32 | 47 | 42 | 24 |
| Total Amount of bids Received ($million) | 345 | 397 | 603 | 309 |
| Total Number of Successful bids | 19 | 26 | 12 | 16 |
| Highest Yield Accepted (%) | 4.0525 | 3.8775 | 3.4750 | 3.2800 |
| Lowest Yield Accepted (%) | 4.0225 | 3.8525 | 3.4600 | 3.2575 |
| Highest Yield Rejected (%) | 4.1200 | 3.9850 | 3.5250 | 3.3500 |
| Lowest Yield Rejected (%) | 4.0550 | 3.8775 | 3.4750 | 3.2800 |
| Weighted Average Accepted Yield (%) | 4.0353 | 3.8650 | 3.4687 | 3.2684 |
| Weighted Average Rejected Yield (%) | 4.0911 | 3.8991 | 3.4881 | 3.3080 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 100.00 | 33.30 | 52.60 | 66.70 |
| Coverage ratio | 1.7250 | 1.98 | 3.02 | 1.5 |
(2) Series Offered : 3.00% 20 Apr 2029
| Sep 22 - #831 | Sep 8 - #829 | Aug 18 - #827 | Aug 4 - #825 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 43 | 56 | 29 | 49 |
| Total Amount of Bids Received ($million) | 450 | 607 | 270 | 473 |
| Total Number of Successful Bids | 17 | 8 | 14 | 19 |
| Highest Yield Accepted (%) | 4.0025 | 3.9000 | 3.4625 | 3.2950 |
| Lowest Yield Accepted (%) | 3.9875 | 3.8950 | 3.4475 | 3.2750 |
| Highest Yield Rejected (%) | 4.0750 | 3.9800 | 3.5200 | 3.3725 |
| Lowest Yield Rejected (%) | 4.0025 | 3.9000 | 3.4625 | 3.2950 |
| Weighted Average Accepted Yield (%) | 3.9974 | 3.8978 | 3.4564 | 3.2865 |
| Weighted Average Rejected Yield (%) | 4.0258 | 3.9172 | 3.4798 | 3.3128 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 90.00 | 93.80 | 80.00 | 44.40 |
| Coverage ratio | 3.00 | 4.05 | 1.80 | .3.2 |
(3) Series Offered : 2.75% 15 May 2051
| Sep 22 - #831 | Sep 8 - #829 | Aug 18 - #827 | Aug 4 - #825 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 34 | 30 | 24 | 31 |
| Total Amount of Bids Received ($million) | 139 | 128 | 100 | 177 |
| Total Number of Successful Bids | 7 | 12 | 8 | 7 |
| Highest Yield Accepted (%) | 4.3750 | 4.2600 | 3.9600 | 3.7725 |
| Lowest Yield Accepted (%) | 4.3650 | 4.2450 | 3.9325 | 3.7500 |
| Highest Yield Rejected (%) | 4.4700 | 4.3550 | 4.0050 | 3.8700 |
| Lowest Yield Rejected (%) | 4.3750 | 4.2650 | 3.9600 | 3.7725 |
| Weighted Average Accepted Yield (%) | 4.3702 | 4.2528 | 3.9505 | 3.7660 |
| Weighted Average Rejected Yield (%) | 4.4099 | 4.2732 | 3.9796 | 3.7881 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 62.50 | 100.00 | 12.50 | 40.00 |
| Coverage ratio | 2.78 | 2.56. | 2.00 | 3.54 |
*Individual allotments may vary due to rounding.50
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