Bonds
Latest bond tender of NZ$200 mln received bids for NZ$557 mln with an average weighted yield of 4.4509% (previously 4.3645%)
14th Nov 13, 2:17pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 508 held on November 14, 2013.
Tender Date: Thu, 14 November 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 19 November 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 |
| Total Number of Bids Received | 38 | 77 |
| Total Amount of Bids Received ($million) | 557 | 1,304 |
| Total Number of Successful Bids | 7 | 9 |
| Highest Yield Accepted (%) | 4.455 | 4.370 |
| Lowest Yield Accepted (%) | 4.440 | 4.355 |
| Highest Yield Rejected (%) | 4.590 | 4.510 |
| Lowest Yield Rejected (%) | 4.455 | 4.370 |
| Weighted Average Accepted Yield (%) | 4.4509 | 4.3645 |
| Weighted Average Rejected Yield (%) | 4.4914 | 4.3992 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 86 | 72 |
| Coverage ratio | 2.785 | 6.52 |
*Individual allotments may vary due to rounding.
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