Bonds
NZ Govt Bond Tender #772; Tender Date 17 Jun 2021
17th Jun 21, 2:13pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 772 held on Jun 17, 2021.
Tender Date: Thursday, Jun 17, 2021.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Jun 22, 2021
(1) Nominal Bonds - Series Offered : 0.50% 15 May 2024
| Jun 17- #772 | Jun 3- #771 | May 21- #769 | May 6- #767 | |
| Series Offered : 0.50% 15 May 2024 | ||||
| Total Amount offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of bids Received | 21 | 25 | 20 | 23 |
| Total Amount of bids Received ($million) | 380 | 445 | 646 | 420 |
| Total Number of Successful bids | 5 | 8 | 5 | 7 |
| Highest Yield Accepted (%) | 0.5550 | 0.5150 | 0.5200 | 0.4950 |
| Lowest Yield Accepted (%) | 0.5525 | 0.5050 | 0.5175 | 0.4875 |
| Highest Yield Rejected (%) | 0.6000 | 0.5775 | 0.5775 | 0.5425 |
| Lowest Yield Rejected (%) | 0.5550 | 0.5175 | 0.5200 | 0.4950 |
| Weighted Average Accepted Yield (%) | 0.5532 | 0.5115 | 0.5195 | 0.4910 |
| Weighted Average Rejected Yield (%) | 0.5753 | 0.5362 | 0.5333 | 0.5103 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 60.00 | 100.00 | 84.20 | 50.00 |
| Coverage ratio | 3.80 | 4.45 | 6.46 | 4.23 |
(2) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Jun 17- #772 | Jun 3- #771 | May 21- #769 | May 6- #767 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 23 | 24 | 26 | 27 |
| Total Amount of Bids Received ($million) | 308 | 255 | 375 | 299 |
| Total Number of Successful Bids | 8 | 9 | 14 | 11 |
| Highest Yield Accepted (%) | 1.4325 | 1.4225 | 1.4675 | 1.3525 |
| Lowest Yield Accepted (%) | 1.4175 | 1.4100 | 1.4525 | 1.3375 |
| Highest Yield Rejected (%) | 1.4800 | 1.4775 | 1.5250 | 1.4025 |
| Lowest Yield Rejected (%) | 1.4325 | 1.4225 | 1.4675 | 1.3525 |
| Weighted Average Accepted Yield (%) | 1.4275 | 1.4145 | 1.4619 | 1.3464 |
| Weighted Average Rejected Yield (%) | 1.4482 | 1.4383 | 1.4791 | 1.3680 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60.60 | 33.30 | 9.10 | 37.10 |
| Coverage ratio | 3.08 | 2.55 | 3.75 | 2.99 |
(3) Series Offered : 2.75% 15 Apr 2037
| Jun 17 - #772 | Jun 3 - #771 | May 21 - #769 | May 6 - #767 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 21 | 27 | 25 | 29 |
| Total Amount of Bids Received ($million) | 127 | 218 | 280 | 254 |
| Total Number of Successful Bids | 18 | 7 | 4 | 12 |
| Highest Yield Accepted (%) | 2.3500 | 2.3000 | 2.3950 | 2.2800 |
| Lowest Yield Accepted (%) | 2.3150 | 2.2775 | 2.3875 | 2.2625 |
| Highest Yield Rejected (%) | 2.3800 | 2.3750 | 2.4875 | 2.3425 |
| Lowest Yield Rejected (%) | 2.3500 | 2.3075 | 2.3050 | 2.2800 |
| Weighted Average Accepted Yield (%) | 2.3353 | 2.2946 | 2.3938 | 2.2696 |
| Weighted Average Rejected Yield (%) | 2.3567 | 2.3360 | 2.4207 | 2.2984 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 55.00 | 100.00 | 72.70 | 6.70 |
| Coverage ratio | 1.27 | 2.18 | 2.80 | 2.54 |
*Individual allotments may vary due to rounding.
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