sign up log in
Want to go ad-free? Find out how, here.

September 2035 Government inflation-linked tender #594; weighted average yield 2.41% (2.42% previously); demand still fairly high

Bonds
September 2035 Government inflation-linked tender #594; weighted average yield 2.41% (2.42% previously); demand still fairly high

The results from the latest inflation-indexed bond offer by the Treasury's Debt Management Office have been released. The details are shown below.

 

2.50% - 20 September 2035 Today #594 Previous #590 Previous #587 Previous #584 Previous #581 Previous #579
Series offered

tender Feb 10, 2017

tender Dec. 9, 2016 tender Nov. 11, 2016 tender Oct. 13, 2016 tender Sept. 8, 2016 tender Aug. 12, 2016
Total Amount Offered ($mln) 100 100 100 100 100 100
Total Amount Allocated ($mln) 100 100 100 100 100 100
Total Number of Bids Received 42 50 53 51 35 47
Total Amount of Bids Received ($mln) 451 538 456 308 317 224
Total Number of Successful Bids 11 14 14 15 12 21
Highest Yield Accepted (%) 2.4200 2.430 2.260 1.920 1.685 1.585
Lowest Yield Accepted (%) 2.3950 2.415 2.235 1.880 1.660 1.535
Highest Yield Rejected (%) 2.5500 2.575 2.380 2.010 1.800 1.645
Lowest Yield Rejected (%) 2.4200 2.430 2.260 1.920 1.685 1.585
Weighted Average Accepted Yield (%) 2.4110 2.4238 2.2498 1.9016 1.6738 1.5696
Weighted Average Rejected Yield (%) 2.4501 2.4694 2.3065 1.9495 1.7142 1.6189
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 37.5 51.2 95.0 50.0 70.0 86.7
Coverage Ratio 4.51 5.38 4.56 3.80 3.17 2.24

 

*Individual allotments may vary due to rounding.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.