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NZ Govt Bond Tender #776; Tender Date 15 Jul 2021

NZ Govt Bond Tender #776; Tender Date 15 Jul 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 776 held on Jul 15, 2021.

Tender Date: Thursday, Jul 15, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Jul 20, 2021

 

(1) Nominal Bonds - Series Offered : 0.50% 15 May 2024

  Jul 15- #776 Jul 1- #774 Jun 17- #772 Jun 3- #771
Series Offered : 0.50% 15 May 2024        
Total Amount offered ($million) 200 200 100 100
Total Amount Allocated ($million) 200 200 100 100
Total Number of bids Received 19 16 21 25
Total Amount of bids Received ($million) 495.00 380 380 445
Total Number of Successful bids 12 9 5 8
Highest Yield Accepted (%) 0.9300 0.7400 0.5550 0.5150
Lowest Yield Accepted (%) 0.9000 0.7325 0.5525 0.5050
Highest Yield Rejected (%) 1.0050 0.7675 0.6000 0.5775
Lowest Yield Rejected (%) 0.9300 0.7400 0.5550 0.5175
Weighted Average Accepted Yield (%) 0.9201 0.7370 0.5532 0.5115
Weighted Average Rejected Yield (%) 0.9427 0.7478 0.5753 0.5362
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 38.90 50.00 60.00 100.00
Coverage ratio 2.47 1.90 3.80 4.45

 

(2) Series Offered : 3.00% 20 Apr 2029

  Jul 15 - #776 Jul 1 - #774 Mar 18 - #760 Mar 4 - #758
Series Offered : 3.00% 20 Apr 2029        
Total Amount Offered ($million) 200 200 150 150
Total Amount Allocated ($million) 200 200 150 150
Total Number of Bids Received 26 28 28 38
Total Amount of Bids Received ($million) 280 410 435 464
Total Number of Successful Bids 24 16 5 13
Highest Yield Accepted (%) 1.4950 1.5475 1.4975 1.5850
Lowest Yield Accepted (%) 1.4475 1.5175 1.4900 1.5675
Highest Yield Rejected (%) 1.5000 1.5700 1.5625 1.6550
Lowest Yield Rejected (%) 1.4950 1.5500 1.4975 1.5850
Weighted Average Accepted Yield (%) 1.4703 1.5352 1.4967 1.5787
Weighted Average Rejected Yield (%) 1.4998 1.5568 1.5209 1.6073
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 40.00 100.00 77.40 40.00
Coverage ratio 1.40 2.05 2.90 3.09

 

(3) Series Offered : 2.75% 15 Apr 2037

  Jul 15 - #776 Jun 1 - #774 Jun 17 - #772 Jun 3 - #771
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 26 35 21 27
Total Amount of Bids Received ($million) 297 254 127 218
Total Number of Successful Bids 6 18 18 7
Highest Yield Accepted (%) 2.0975 2.2925 2.3500 2.3000
Lowest Yield Accepted (%) 2.0700 2.2750 2.3150 2.2775
Highest Yield Rejected (%) 2.1700 2.3475 2.3800 2.3750
Lowest Yield Rejected (%) 2.0975 2.2925 2.3500 2.3075
Weighted Average Accepted Yield (%) 2.0944 2.2852 2.3353 2.2946
Weighted Average Rejected Yield (%) 2.1189 2.3076 2.3567 2.3360
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 70.00 60.00 55.00 100.00
Coverage ratio 2.97 2.54 1.27 2.18

 

 

 

*Individual allotments may vary due to rounding.

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