Bonds
Tender 8010 to repurchase up to $500 mln worth of 2017 governnment bonds successful; average weighted yield 1.96%
6th Jul 16, 3:16pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 8010 held on July 6, 2016.
Tender Date: Wednesday, July 6, 2016
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Monday, July 11, 2016
| July 6 - #8010 | |
| Series Offered | 6% 15 Dec 2017 |
| Total Amount bid ($million) | 500 |
| Total Amount Allocated ($million) | 500 |
| Total Number of Offers Received | 22 |
| Total Amount of Offers Received ($million) | 693 |
| Total Number of Successful Offers | 21 |
| Lowest Yield Accepted (%) | 1.9400 |
| Highest Yield Accepted (%) | 2.0000 |
| Lowest Yield Rejected (%) | 1.9300 |
| Highest Yield Rejected (%) | 1.9400 |
| Weighted Average Accepted Yield (%) | 1.9638 |
| Weighted Average Rejected Yield (%) | 1.9374 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount offered at that Yield* | 7.7000 |
| Coverage ratio | 1.3860 |
*Individual allotments may vary due to rounding.
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