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NZ Govt Bond Tender #758; Tender Date 4 Mar 2021

NZ Govt Bond Tender #758; Tender Date 4 Mar 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 758 held on Mar 4, 2021.

Tender Date: Thursday, Mar 4, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Mar 9, 2021

 

(1) Series Offered : 2.75% 15 Apr 2025

  Mar 4 - #758 Feb 18 - #756 Jan 21 - #753 Aug 13 - #735
Series Offered        
Total Amount offered ($million) 200 200 200 450
Total Amount Allocated ($million) 200 200 200 450
Total Number of bids Received 39 26 32 38
Total Amount of bids Received ($million) 600 370 912 1535
Total Number of Successful bids 8 7 3 3
Highest Yield Accepted (%) 0.8725 0.6050 0.3400 0.2575
Lowest Yield Accepted (%) 0.8600 0.5875 0.3400 0.2550
Highest Yield Rejected (%) 0.9550 0.6375 0.3750 0.2950
Lowest Yield Rejected (%) 0.8725 0.6075 0.3400 0.2575
Weighted Average Accepted Yield (%) 0.8689 0.6000 0.3400 0.2574
Weighted Average Rejected Yield (%) 0.9039 0.6163 0.3565 0.2696
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 16.70 100.00 80.00 93.50
Coverage ratio 3.00 1.85 4.56 3.41

 

(2) Series Offered : 3.00% 20 Apr 2029

  Mar 4 - #758 Feb 18 - #756 Jan 21 - #753 Dec 12 - #750
Series Offered : 3.00% 20 Apr 2029        
Total Amount Offered ($million) 150 150 150 250
Total Amount Allocated ($million) 150 150 150 250
Total Number of Bids Received 38 28 37 44
Total Amount of Bids Received ($million) 464 390 581 1,052
Total Number of Successful Bids 13 7 3 17
Highest Yield Accepted (%) 1.5850 1.2575 0.8050 0.7400
Lowest Yield Accepted (%) 1.5675 1.2425 0.8050 0.7250
Highest Yield Rejected (%) 1.6550 1.3025 0.8050 0.8200
Lowest Yield Rejected (%) 1.5850 1.2575 0.8050 0.7400
Weighted Average Accepted Yield (%) 1.5787 1.2538 0.8050 0.7340
Weighted Average Rejected Yield (%) 1.6073 1.2700 85.70 0.7564
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 40.00 59.40 85.70 14.30
Coverage ratio 3.09 2.60 3.87 4.21

 

(3) Series Offered : 3.50% 14 Apr 2033

  Mar 4 - #758 Feb 18 - #756 Jan 21 - #753 Dec 12 - #750
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 47 27 35 42
Total Amount of Bids Received ($million) 372 268 401 405
Total Number of Successful Bids 17 5 7 8
Highest Yield Accepted (%) 2.0275 1.6675 1.1850 1.0700
Lowest Yield Accepted (%) 1.9975 1.6625 1.1775 1.0625
Highest Yield Rejected (%) 2.0875 1.7300 1.2400 1.1400
Lowest Yield Rejected (%) 2.0275 1.6675 1.1850 1.0700
Weighted Average Accepted Yield (%) 2.0182 1.6665 1.1824 1.0689
Weighted Average Rejected Yield (%) 2.0498 1.69 1.1994 1.0858
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 92.00 71.40 45.10 60.70
Coverage ratio 3.72 2.68 4.01 4.05

 

(4) Inflation-Indexed Bonds - Series Offered : 2.50% 20 Sep 2040

  #758 #753 #738 #738
Series offered Mar 4, 2021 Jan 21, 2021 Sep 24, 2020 Sep 10, 2020
Total Amount Offered ($mln) 50 50 50 50
Total Amount Allocated ($mln) 50 50 50 50
Total Number of Bids Received 30 27 37 27
Total Amount of Bids Received ($mln) 136 87 149 72
Total Number of Successful Bids 4 18 1 22
Highest Yield Accepted (%) 0.9600 0.2900 -0.1125 -0.0750
Lowest Yield Accepted (%) 0.9425 0.1500 -0.1125 -0.1650
Highest Yield Rejected (%) 1.1300 0.4100 0.0150 -0.0550
Lowest Yield Rejected (%) 0.9600 0.2900 -0.1100 -0.0725
Weighted Average Accepted Yield (%) 0.9593 0.2304 -0.1125 -0.1032
Weighted Average Rejected Yield (%) 1.0231 0.3478 -0.0444 -0.0634
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 94.00 50.00 100.00 100.00
Coverage Ratio 2.72 1.74 2.98 1.44

*Individual allotments may vary due to rounding.

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