Bonds
Govt Bond Tender #708; weighted average yield accepted was 1.67%; coverage ratio was 2.58x
16th Jan 20, 2:25pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 708 held on January 15, 2020.
Tender Date: Thursday, January 16, 2020
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, January 22, 2020
| Jan 20 - #708 | |
| Series Offered | 1.50% 15 May 2031 |
| Total Amount Offered ($million) | 250 |
| Total Amount Allocated ($million) | 250 |
| Total Number of Bids Received | 62 |
| Total Amount of Bids Received ($million) | 645 |
| Total Number of Successful Bids | 25 |
| Highest Yield Accepted (%) | 1.6800 |
| Lowest Yield Accepted (%) | 1.6000 |
| Highest Yield Rejected (%) | 1.7350 |
| Lowest Yield Rejected (%) | 1.6800 |
| Weighted Average Accepted Yield (%) | 1.6718 |
| Weighted Average Rejected Yield (%) | 1.7074 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 75.00 |
| Coverage ratio | 2.5800 |
*Individual allotments may vary due to rounding.
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