Bonds
Latest Tender Results - LGFA Bond Tender Number 24
5th Nov 14, 2:23pm
by
The LGFA has announced the results of LGFA Bond tender number 24 held on 5 November 2014.
Tender Date: Wed, 5 November 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 10 November 2014
| Series Offered |
5.00% 15 March 2019 |
3.00% 15 April 2020 |
6.00% 15 May 2021 |
5.50% 15 April 2023 |
| Total Amount Offered ($million) | 10 | 25 | 35 | 90 |
| Total Amount Allocated ($million) | 10 | 25 | 35 | 90 |
| Total Number of Bids Received | 6 | 9 | 17 | 43 |
| Total Amount of Bids Received ($million) | 30 | 83 | 77 | 271 |
| Total Number of Successful Bids | 3 | 2 | 9 | 21 |
| Highest Yield Accepted (%) | 4.285 | 4.445 | 4.590 | 4.805 |
| Lowest Yield Accepted (%) | 4.270 | 4.445 | 4.540 | 4.755 |
| Highest Yield Rejected (%) | 4.330 | 4.580 | 4.750 | 4.910 |
| Lowest Yield Rejected (%) | 4.285 | 4.445 | 4.590 | 4.805 |
| Weighted Average Accepted Yield (%) | 4.2815 | 4.4450 | 4.5641 | 4.7836 |
| Weighted Average Rejected Yield (%) | 4.3112 | 4.4684 | 4.6394 | 4.8612 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50 | 50 | 80 | 80 |
| Coverage Ratio | 3 | 3.32 | 2.2 | 3.0111 |
*Individual allotments may vary due to rounding.
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