Bonds
Latest Tender Results - LGFA Bond Tender Number 29; 2027's over subscribed by 3x and pay 4.35%
3rd Jun 15, 2:25pm
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The LGFA has announced the results of LGFA Bond tender number 29 held on 3 June 2015.
Tender Date: Wed, 3 June 2015
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 8 June 2015
| Series Offered | 3.00% 15 April 2020 |
5.50% 15 April 2023 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 35 | 70 | 75 |
| Total Amount Allocated ($million) | 35 | 70 | 75 |
| Total Number of Bids Received | 12 | 23 | 28 |
| Total Amount of Bids Received ($million) | 53 | 182 | 227 |
| Total Number of Successful Bids | 9 | 16 | 11 |
| Highest Yield Accepted (%) | 3.800 | 4.120 | 4.370 |
| Lowest Yield Accepted (%) | 3.730 | 4.000 | 4.330 |
| Highest Yield Rejected (%) | 3.870 | 4.250 | 4.560 |
| Lowest Yield Rejected (%) | 3.800 | 4.125 | 4.400 |
| Weighted Average Accepted Yield (%) | 3.7660 | 4.0816 | 4.3524 |
| Weighted Average Rejected Yield (%) | 3.8200 | 4.1966 | 4.4974 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50.0 | 100.0 | 100.0 |
| Coverage Ratio | 1.5143 | 2.6000 | 3.0267 |
*Individual allotments may vary due to rounding.
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