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NZ Govt Bond Tender #832; Tender Date 29 Sep 2022
29th Sep 22, 3:00pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 832 held on Sep 15, 2022.
Tender Date: Thursday, Sep 29, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Oct 4 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Sep 29- #832 | Sep 15- #830 | Sep 1- #828 | Aug 11- #826 | |
| Series Offered : 4.50% 15 Apr 2027 | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 46 | 50 | 35 | 34 |
| Total Amount of bids Received ($million) | 361 | 568 | 448 | 485 |
| Total Number of Successful bids | 24 | 1 | 14 | 17 |
| Highest Yield Accepted (%) | 4.1750. | 3.9200 | 3.9750 | 3.3750 |
| Lowest Yield Accepted (%) | 4.1425 | 3.9200 | 3.9500 | 3.3400 |
| Highest Yield Rejected (%) | 4.2200 | 3.9950 | 4.0200 | 3.4350 |
| Lowest Yield Rejected (%) | 4.1750 | 3.9225 | 3.9750 | 3.3750 |
| Weighted Average Accepted Yield (%) | 4.1618 | 3.9200 | 3.9661 | 3.3621 |
| Weighted Average Rejected Yield (%) | 4.1892 | 3.9421 | 3.9925 | 3.3901 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 37.00 | 100.00 | 85.10 | 5.60. |
| Coverage ratio | 1.80 | 2.84 | 2.24 | 2.42 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Sep 29- #832 | Sep 15 #830 | Sep 1 #828 | Aug 11 #826 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 35 | 55 | 40 | 34 |
| Total Amount of Bids Received ($million) | 200 | 712 | 287 | 420 |
| Total Number of Successful Bids | 23 | 11 | 21 | 9 |
| Highest Yield Accepted (%) | 4.2200 | 4.0150 | 4.0825 | 3.4375 |
| Lowest Yield Accepted (%) | 4.1800 | 4.0000 | 4.0550 | 3.4225 |
| Highest Yield Rejected (%) | 4.2600 | 4.0700 | 4.1450 | 3.4775 |
| Lowest Yield Rejected (%) | 4.2200. | 4.0150 | 4.0825 | 3.4375 |
| Weighted Average Accepted Yield (%) | 4.2040. | 4.0138 | 4.0734 | 3.4300 |
| Weighted Average Rejected Yield (%) | 4.2356 | 4.0278 | 4.1089 | 3.4526 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 80.0 | 64.20 | 90.00 | 6.80 |
| Coverage ratio | 1.33 | 4.75 | 1.91 | 2.80 |
(2) Series Offered : 1.75% 15 May 2041
| Sep 29- #832 | Sep 15 #830 | Sep 1 #828 | Jan 27 - #799 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 100 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 100 |
| Total Number of Bids Received | 25 | 29 | 27 | 33 |
| Total Amount of Bids Received ($million) | 57 | 105 | 125 | 306 |
| Total Number of Successful Bids | 20 | 16 | 11 | 12 |
| Highest Yield Accepted (%) | 4.5550 | 4.3550 | 4.3900 | 2.9950 |
| Lowest Yield Accepted (%) | 4.4975 | 4.3300 | 4.3650 | 2.9575 |
| Highest Yield Rejected (%) | 4.5800 | 4.3850 | 4.4550 | 3.0775 |
| Lowest Yield Rejected (%) | 4.5600 | 4.3550 | 4.3950 | 2.9950 |
| Weighted Average Accepted Yield (%) | 4.5224 | 4.3440 | 4.3786 | 2.9848 |
| Weighted Average Rejected Yield (%) | 4.5721 | 4.3695 | 4.4250 | 3.0064 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 83.30 | 100.0 | 13.0 |
| Coverage ratio | 1.14 | 2.10 | 2.50 | 3.06 |
*Individual allotments may vary due to rounding.
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