Bonds
Latest Tender Results - LGFA Bond Tender Number 23
24th Sep 14, 2:20pm
by
The LGFA has announced the results of LGFA Bond tender number 23 held on 24 September 2014.
Tender Date: Wed, 24 August 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 29 August 2014
| Series Offered |
3.00% 15 April 2020 |
6.00% 15 May 2021 |
5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 105 | 25 | 140 |
| Total Amount Allocated ($million) | 105 | 25 | 140 |
| Total Number of Bids Received | 19 | 17 | 71 |
| Total Amount of Bids Received ($million) | 164 | 117 | 527 |
| Total Number of Successful Bids | 11 | 1 | 22 |
| Highest Yield Accepted (%) | 4.700 | 4.760 | 4.990 |
| Lowest Yield Accepted (%) | 4.670 | 4.760 | 4.950 |
| Highest Yield Rejected (%) | 4.860 | 4.900 | 5.115 |
| Lowest Yield Rejected (%) | 4.700 | 4.780 | 4.990 |
| Weighted Average Accepted Yield (%) | 4.6889 | 4.7600 | 4.9722 |
| Weighted Average Rejected Yield (%) | 4.7366 | 4.8244 | 5.0273 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 77.4 | 100 | 42.3 |
| Coverage Ratio | 1.5619 | 4.68 | 3.7643 |
*Individual allotments may vary due to rounding.
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