Bonds
September 2035 Government inflation linked tender sees average yield drop 37bps from previous tender; again only 1 in 3 bids accepted
16th Jul 15, 2:14pm
by
The results from the latest inflation indexed bond offer by the Treasury's Debt Management Office have been released.
| 2.50% - 20 September 2035 | Today #546 | Previous #543 | Previous #543 | Previous #538 | Previous #534 |
| Series offered | tender July 16, 2015 |
tender June 4, 2015 |
tender May 7, 2015 |
tender April 2, 2015 |
tender February 5, 2015 |
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 0 | 100 | 100 |
| Total Number of Bids Received | 60 | 99 | 20 | 33 | 42 |
| Total Amount of Bids Received ($million) | 218 | 297 | 107 | 175 | 207 |
| Total Number of Successful Bids | 20 | 27 | 0 | 18 | 21 |
| Highest Yield Accepted (%) | 2.250 | 2.610 | 0.000 | 1.880 | 1.800 |
| Lowest Yield Accepted (%) | 2.200 | 2.570 | 0.000 | 1.850 | 1.750 |
| Highest Yield Rejected (%) | 2.420 | 2.810 | 2.500 | 1.990 | 2.020 |
| Lowest Yield Rejected (%) | 2.250 | 2.610 | 2.100 | 1.880 | 1.800 |
| Weighted Average Accepted Yield (%) | 2.2281 | 2.5985 | 0.0000 | 1.8691 | 1.7868 |
| Weighted Average Rejected Yield (%) | 2.3086 | 2.6550 | 2.2304 | 1.9089 | 1.8286 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* |
66.7 | 58.8 | 0.00 | 97.5 | 60 |
| Coverage Ratio | 2.18 | 2.97 | 1.07 | 1.75 | 2.07 |
*Individual allotments may vary due to rounding.
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