NZ Govt Bond Tender #752; Tender Date 14 Jan 2021

NZ Govt Bond Tender #752; Tender Date 14 Jan 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 752 held on Jan 14, 2021.

Tender Date: Thursday, Jan 14, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Jan 19, 2021

 

(1) Nominal Bonds - Series Offered : 0.50% 15 May 2024

  Jan 14 - #752 Dec 17 - #751 Dec 3 - #749 Nov 19 - #747
Series Offered : 0.50% 15 May 2024        
Total Amount offered ($million) 200 250 250 250
Total Amount Allocated ($million) 200 250 250 250
Total Number of bids Received 35 28 21 30
Total Amount of bids Received ($million) 938 857 877 1320
Total Number of Successful bids 4 8 9 9
Highest Yield Accepted (%) 0.3125 0.3075 0.2825 0.2275
Lowest Yield Accepted (%) 0.3075 0.2975 0.2750 0.2175
Highest Yield Rejected (%) 0.3450 0.3550 0.3025 0.2650
Lowest Yield Rejected (%) 0.3125 0.3075 0.2825 0.2275
Weighted Average Accepted Yield (%) 0.3112 0.3032 0.2790 0.2228
Weighted Average Rejected Yield (%) 0.3235 0.3250 0.2907 0.2402
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 62.50 72.60 56.00 62.50
Coverage ratio 4.69 3.43 3.50 5.28

 

(2) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027

  Jan 14- #752
Series Offered : 4.50% 15 Apr 2027  
Total Amount Offered ($million) 150
Total Amount Allocated ($million) 150
Total Number of Bids Received 45
Total Amount of Bids Received ($million) 756
Total Number of Successful Bids 1
Highest Yield Accepted (%) 0.5725
Lowest Yield Accepted (%) 0.5725
Highest Yield Rejected (%) 0.6200
Lowest Yield Rejected (%) 0.5775
Weighted Average Accepted Yield (%) 0.5725
Weighted Average Rejected Yield (%) 0.5929
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100.00
Coverage ratio 5.04

 

(3) Series Offered : 1.75% 15 May 2041

  Jan 14 - #752 Dec 17 - #751 Dec 3 - #749 Nov 19 - #747
Series Offered : 1.75% 15 May 2041        
Total Amount Offered ($million) 100 100 100 100
Total Amount Allocated ($million) 100 100 100 100
Total Number of Bids Received 63 36 47 47
Total Amount of Bids Received ($million) 379 200 306 302
Total Number of Successful Bids 1 12 7 22
Highest Yield Accepted (%) 1.8575 1.7400 1.6725 1.5950
Lowest Yield Accepted (%) 1.8575 1.7100 1.6600 1.5675
Highest Yield Rejected (%) 1.9700 1.7900 1.7425 1.6500
Lowest Yield Rejected (%) 1.8600 1.7400 1.6750 1.5950
Weighted Average Accepted Yield (%) 1.8575 1.7276 1.6637 1.5854
Weighted Average Rejected Yield (%) 1.8964 1.7624 1.7026 1.6192
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100.00 18.20 100.0 50.0
Coverage ratio 3.79 2.00 3.06 3.02

 

 

*Individual allotments may vary due to rounding.

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