Bonds
NZ Govt Bond Tender #752; Tender Date 14 Jan 2021
14th Jan 21, 2:43pm
by
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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