NZ Govt Bond Tender #756; Tender Date 18 Feb 2021

NZ Govt Bond Tender #756; Tender Date 18 Feb 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 756 held on Feb 18, 2021.

Tender Date: Thursday, Feb 18, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Feb 23, 2021

 

(1) Series Offered : 2.75% 15 Apr 2025

  Feb 18 - #756 Jan 21 - #753 Aug 13 - #735 Jul 30 - #733
Series Offered        
Total Amount offered ($million) 200 200 450 450
Total Amount Allocated ($million) 200 200 450 450
Total Number of bids Received 26 32 38 36
Total Amount of bids Received ($million) 370 912 1535 1302
Total Number of Successful bids 7 3 3 18
Highest Yield Accepted (%) 0.6050 0.3400 0.2575 0.3750
Lowest Yield Accepted (%) 0.5875 0.3400 0.2550 0.3600
Highest Yield Rejected (%) 0.6375 0.3750 0.2950 0.4050
Lowest Yield Rejected (%) 0.6075 0.3400 0.2575 0.3750
Weighted Average Accepted Yield (%) 0.6000 0.3400 0.2574 0.3688
Weighted Average Rejected Yield (%) 0.6163 0.3565 0.2696 0.3801
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 100.00 80.00 93.50 7.80
Coverage ratio 1.85 4.56 3.41 2.89

 

(2) Series Offered : 3.00% 20 Apr 2029

  Feb 18 - #756 Jan 21 - #753 Dec 12 - #750 Nov 26 - #748
Series Offered : 3.00% 20 Apr 2029        
Total Amount Offered ($million) 150 150 250 250
Total Amount Allocated ($million) 150 150 250 250
Total Number of Bids Received 28 37 44 35
Total Amount of Bids Received ($million) 390 581 1,052 985
Total Number of Successful Bids 7 3 17 12
Highest Yield Accepted (%) 1.2575 0.8050 0.7400 0.7425
Lowest Yield Accepted (%) 1.2425 0.8050 0.7250 0.7250
Highest Yield Rejected (%) 1.3025 0.8050 0.8200 0.7900
Lowest Yield Rejected (%) 1.2575 0.8050 0.7400 0.7425
Weighted Average Accepted Yield (%) 1.2538 0.8050 0.7340 0.7300
Weighted Average Rejected Yield (%) 1.27 85.70 0.7564 0.7560
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 59.40 85.70 14.30 13.30
Coverage ratio 2.60 3.87 4.21 3.94

 

(3) Series Offered : 3.50% 14 Apr 2033

  Feb 18 - #756 Jan 21 - #753 Dec 12 - #750 Nov 26 - #748
Series Offered : 3.50% 14 Apr 2033        
Total Amount Offered ($million) 100 100 100 100
Total Amount Allocated ($million) 100 100 100 100
Total Number of Bids Received 27 35 42 44
Total Amount of Bids Received ($million) 268 401 405 480
Total Number of Successful Bids 5 7 8 17
Highest Yield Accepted (%) 1.6675 1.1850 1.0700 1.0575
Lowest Yield Accepted (%) 1.6625 1.1775 1.0625 1.0375
Highest Yield Rejected (%) 1.7300 1.2400 1.1400 1.2000
Lowest Yield Rejected (%) 1.6675 1.1850 1.0700 1.0600
Weighted Average Accepted Yield (%) 1.6665 1.1824 1.0689 1.0492
Weighted Average Rejected Yield (%) 1.69 1.1994 1.0858 1.0741
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 71.40 45.10 60.70 100.00
Coverage ratio 2.68 4.01 4.05 4.80

*Individual allotments may vary due to rounding.

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