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Reader poll

National will be able to form a government without NZ First's support.
55% (31 votes)
Labour, the Greens and NZ First will be able to form a government.
20% (11 votes)
National will need NZ First's support to be able to govern.
18% (10 votes)
We get a hung parliament or minority government.
7% (4 votes)
Total voters: 56

What's the most likely election outcome?

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Latest bond tender of NZ$250 mln received bids for NZ$922 mln with 6 year bonds yielding 4.256%

Posted in Bonds

The Local Government Funding Agency has announced the results of LGFA Bond tender number 10 held on 20 February 2013.

Tender Date: Wed, 20 Feb 2013

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Mon, 25 Feb 2013

Series Offered 6.00% 15 Dec 2017 5.00% 15 Mar 2019
Total Amount Offered ($million) 45 205
Total Amount Allocated ($million) 45 205
Total Number of Bids Received 23 49
Total Amount of Bids Received ($million) 176 746
Total Number of Successful Bids 7 10
Highest Yield Accepted (%) 4.010 4.285
Lowest Yield Accepted (%) 3.850 4.170
Highest Yield Rejected (%) 4.050 4.400
Lowest Yield Rejected (%) 4.010 4.290
Weighted Average Accepted Yield (%) 3.9864 4.2564
Weighted Average Rejected Yield (%) 4.0268 4.3269
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 10 100

*Individual allotments may vary due to rounding.

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