Bonds
LGFA Bond Tender Number 64; weighted average accepted yield was 2.15%; coverage ratio was 1.94x
12th Jun 19, 2:27pm
by
The LGFA has announced the results of LGFA Bond tender number 64 held on 12 June 2019.
Tender Date: Wednesday, 12 June 2019
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Friday, 17 June 2019
| Today | Previous (7 May 2019) | Previous (12 Feb 2019) | |||||||||
| Series Offered |
2.75% 14 Apr 2022 | 5.50% 15 Apr 2023 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 50 | 21 | 50 | 50 | 50 | 50 | 60 | 70 | 50 | 40 | 30 |
| Total Amount Allocated ($million) | 50 | 21 | 50 | 50 | 50 | 50 | 60 | 70 | 50 | 40 | 30 |
| Total Number of Bids Received | 9 | 8 | 18 | 23 | 11 | 23 | 27 | 16 | 21 | 20 | 19 |
| Total Amount of Bids Received ($million) | 79 | 59 | 124 | 69 | 93 | 189 | 125 | 170 | 267 | 180 | 125 |
| Total Number of Successful Bids | 4 | 2 | 6 | 20 | 1 | 1 | 8 | 4 | 8 | 3 | 4 |
| Highest Yield Accepted (%) | 1.665 | 1.780 | 2.065 | 2.910 | 1.845 | 2.290 | 3.145 | 2.075 | 2.520 | 2.820 | 3.455 |
| Lowest Yield Accepted (%) | 1.650 | 1.780 | 2.050 | 2.835 | 1.845 | 2.290 | 3.115 | 2.065 | 2.500 | 2.820 | 3.440 |
| Highest Yield Rejected (%) | 1.700 | 1.820 | 2.120 | 2.930 | 1.940 | 2.450 | 3.320 | 2.120 | 2.580 | 2.870 | 3.570 |
| Lowest Yield Rejected (%) | 1.665 | 1.780 | 2.065 | 2.910 | 1.860 | 2.300 | 3.145 | 2.075 | 2.520 | 2.820 | 3.455 |
| Weighted Average Accepted Yield (%) | 1.6580 | 1.7800 | 2.0624 | 2.8776 | 1.8450 | 2.2900 | 3.1268 | 2.0729 | 2.5113 | 2.8200 | 3.4483 |
| Weighted Average Rejected Yield (%) | 1.6807 | 1.7929 | 2.0792 | 2.9221 | 1.8914 | 2.3312 | 3.1898 | 2.0906 | 2.5288 | 2.8380 | 3.4708 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60.0 | 50.0 | 56.7 | 16.7 | 100.0 | 100.0 | 20.0 | 62.5 | 16.9 | 61.5 | 15.9 |
| Coverage Ratio | 1.5800 | 2.8095 | 2.4800 | 1.3800 | 1.8600 | 3.7800 | 2.0833 | 2.4286 | 5.3400 | 4.5000 | 4.1667 |
*Individual allotments may vary due to rounding.
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