Bonds
Latest Tender Results - LGFA Bond Tender Number 33; long-end under-allocated; LGFA re-jigs allocations; average weighted accepted yield 3.8% (previously 3.85%)
4th Nov 15, 2:29pm
by
The LGFA has announced the results of LGFA Bond tender number 33 held on 4 November 2015.
Tender Date: Wed, 4 November 2015
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 9 November 2015
| Series Offered | 5.00% 15 March 2019 |
5.50% 15 April 2023 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 20 | 50 | 70 |
| Total Amount Allocated ($million) | 30 | 50 | 60 |
| Total Number of Bids Received | 11 | 18 | 24 |
| Total Amount of Bids Received ($million) | 64 | 81 | 94 |
| Total Number of Successful Bids | 2 | 8 | 18 |
| Highest Yield Accepted (%) | 3.080 | 3.755 | 4.200 |
| Lowest Yield Accepted (%) | 3.070 | 3.715 | 4.095 |
| Highest Yield Rejected (%) | 3.195 | 3.840 | 4.230 |
| Lowest Yield Rejected (%) | 3.080 | 3.755 | 4.200 |
| Weighted Average Accepted Yield (%) | 3.0757 | 3.7331 | 4.1483 |
| Weighted Average Rejected Yield (%) | 3.1316 | 3.8063 | 4.2134 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 85.0 | 90.9 | 38.5 |
| Coverage Ratio | 3.2000 | 1.6200 | 1.3429 |
*Individual allotments may vary due to rounding.
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