Bonds
Latest Tender Results - LGFA Bond Tender Number 35; popular across all maturities, especially 2023's; average weighted accepted yield 3.8%
17th Feb 16, 2:20pm
by
The LGFA has announced the results of LGFA Bond tender number 35 held on 17 February 2016.
Tender Date: Wed, 17 February 2016
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 22 February 2016
| Series Offered | 5.00% 15 April 2020 |
5.50% 15 April 2023 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 20 | 50 | 50 |
| Total Amount Allocated ($million) | 20 | 50 | 50 |
| Total Number of Bids Received | 14 | 36 | 33 |
| Total Amount of Bids Received ($million) | 66 | 187 | 116 |
| Total Number of Successful Bids | 2 | 9 | 18 |
| Highest Yield Accepted (%) | 3.160 | 3.660 | 4.185 |
| Lowest Yield Accepted (%) | 3.150 | 3.600 | 4.070 |
| Highest Yield Rejected (%) | 3.350 | 3.860 | 4.280 |
| Lowest Yield Rejected (%) | 3.160 | 3.660 | 4.185 |
| Weighted Average Accepted Yield (%) | 3.1550 | 3.6294 | 4.1521 |
| Weighted Average Rejected Yield (%) | 3.2065 | 3.7576 | 4.2255 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50.0 | 72.7 | 70.0 |
| Coverage Ratio | 3.3000 | 3.7400 | 2.3200 |
*Individual allotments may vary due to rounding.
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