Bonds
NZ Govt Bond Tender #758; Tender Date 18 Mar 2021
18th Mar 21, 2:15pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 760 held on Mar 18, 2021.
Tender Date: Thursday, Mar 18, 2021.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Mar 23, 2021
(1) Series Offered : 2.75% 15 Apr 2025
| Mar 18 - #760 | Mar 4 - #758 | Feb 18 - #756 | Jan 21 - #753 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 28 | 39 | 26 | 32 |
| Total Amount of bids Received ($million) | 680 | 600 | 370 | 912 |
| Total Number of Successful bids | 2 | 8 | 7 | 3 |
| Highest Yield Accepted (%) | 0.7875 | 0.8725 | 0.6050 | 0.3400 |
| Lowest Yield Accepted (%) | 0.7875 | 0.8600 | 0.5875 | 0.3400 |
| Highest Yield Rejected (%) | 0.8550 | 0.9550 | 0.6375 | 0.3750 |
| Lowest Yield Rejected (%) | 0.7875 | 0.8725 | 0.6075 | 0.3400 |
| Weighted Average Accepted Yield (%) | 0.7875 | 0.8689 | 0.6000 | 0.3400 |
| Weighted Average Rejected Yield (%) | 0.8107 | 0.9039 | 0.6163 | 0.3565 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 88.90 | 16.70 | 100.00 | 80.00 |
| Coverage ratio | 3.40 | 3.00 | 1.85 | 4.56 |
(2) Series Offered : 3.00% 20 Apr 2029
| Mar 18 - #760 | Mar 4 - #758 | Feb 18 - #756 | Jan 21 - #753 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 28 | 38 | 28 | 37 |
| Total Amount of Bids Received ($million) | 435 | 464 | 390 | 581 |
| Total Number of Successful Bids | 5 | 13 | 7 | 3 |
| Highest Yield Accepted (%) | 1.4975 | 1.5850 | 1.2575 | 0.8050 |
| Lowest Yield Accepted (%) | 1.4900 | 1.5675 | 1.2425 | 0.8050 |
| Highest Yield Rejected (%) | 1.5625 | 1.6550 | 1.3025 | 0.8050 |
| Lowest Yield Rejected (%) | 1.4975 | 1.5850 | 1.2575 | 0.8050 |
| Weighted Average Accepted Yield (%) | 1.4967 | 1.5787 | 1.2538 | 0.8050 |
| Weighted Average Rejected Yield (%) | 1.5209 | 1.6073 | 1.2700 | 85.70 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 77.40 | 40.00 | 59.40 | 85.70 |
| Coverage ratio | 2.90 | 3.09 | 2.60 | 3.87 |
(3) Series Offered : 3.50% 14 Apr 2033
| Mar 18 - #760 | Mar 4 - #758 | Feb 18 - #756 | Jan 21 - #753 | |
| 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 | 24 | 47 | 27 | 35 |
| Total Amount of Bids Received ($million) | 200 | 372 | 268 | 401 |
| Total Number of Successful Bids | 14 | 17 | 5 | 7 |
| Highest Yield Accepted (%) | 1.9625 | 2.0275 | 1.6675 | 1.1850 |
| Lowest Yield Accepted (%) | 1.9375 | 1.9975 | 1.6625 | 1.1775 |
| Highest Yield Rejected (%) | 2.0125 | 2.0875 | 1.7300 | 1.2400 |
| Lowest Yield Rejected (%) | 1.9625 | 2.0275 | 1.6675 | 1.1850 |
| Weighted Average Accepted Yield (%) | 1.9527 | 2.0182 | 1.6665 | 1.1824 |
| Weighted Average Rejected Yield (%) | 1.9810 | 2.0498 | 1.69 | 1.1994 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 66.70 | 92.00 | 71.40 | 45.10 |
| Coverage ratio | 2.00 | 3.72 | 2.68 | 4.01 |
*Individual allotments may vary due to rounding.
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