Bonds
NZ Govt Bond Tender #782; Tender Date 25 Aug 2021
26th Aug 21, 2:16pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 782 held on Aug 26, 2021.
Tender Date: Thursday, Aug 26, 2021.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Aug 31, 2021
(1) Nominal Bonds - Series Offered : 0.50% 15 May 2024
| Aug 26- #782 | Aug 12- #780 | Jul 29- #778 | Jul 15- #776 | |
| Series Offered : 0.50% 15 May 2024 | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 29 | 23 | 25 | 19 |
| Total Amount of bids Received ($million) | 585 | 505 | 690 | 495 |
| Total Number of Successful bids | 14 | 9 | 4 | 12 |
| Highest Yield Accepted (%) | 1.1225 | 1.1700 | 0.8825 | 0.9300 |
| Lowest Yield Accepted (%) | 1.1100 | 1.1575 | 0.8775 | 0.9000 |
| Highest Yield Rejected (%) | 1.1650 | 1.2200 | 0.9150 | 1.0050 |
| Lowest Yield Rejected (%) | 1.1225 | 1.1700 | 0.8825 | 0.9300 |
| Weighted Average Accepted Yield (%) | 1.1175 | 1.1651 | 0.8817 | 0.9201 |
| Weighted Average Rejected Yield (%) | 1.1372 | 1.1866 | 0.8933 | 0.9427 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 83.30 | 33.30 | 71.10 | 38.90 |
| Coverage ratio | 2.92 | 2.50 | 3.45 | 2.47 |
(2) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| Aug 26 - #782 | Aug 12 - #780 | Jun 24 - #773 | May 13 - #768 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 200 | 200 | 100 | 100 |
| Total Amount Allocated ($million) | 200 | 200 | 100 | 100 |
| Total Number of Bids Received | 36 | 29 | 27 | 27 |
| Total Amount of Bids Received ($million) | 375 | 417 | 380 | 385 |
| Total Number of Successful Bids | 27 | 14 | 7 | 5 |
| Highest Yield Accepted (%) | 1.6600 | 1.7175 | 1.7900 | 1.8675 |
| Lowest Yield Accepted (%) | 1.6375 | 1.6950 | 1.7850 | 1.8650 |
| Highest Yield Rejected (%) | 1.6800 | 1.7600 | 1.8625 | 1.9325 |
| Lowest Yield Rejected (%) | 1.6600 | 1.7175 | 1.7900 | 1.8675 |
| Weighted Average Accepted Yield (%) | 1.6502 | 1.7078 | 1.7892 | 1.8674 |
| Weighted Average Rejected Yield (%) | 1.6652 | 1.7311 | 1.8150 | 1.8921 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 28.20 | 56.00 | 57.70 | 73.10 |
| Coverage ratio | 1.87 | 2.09 | 3.80 | 3.85 |
(3) Series Offered : 2.75% 15 Apr 2037
| Aug 26 - #782 | Aug 12 - #780 | Jul 29 - #778 | Jul 15 - #776 | |
| 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 | 36 | 28 | 24 | 26 |
| Total Amount of Bids Received ($million) | 188 | 158.00 | 218 | 297 |
| Total Number of Successful Bids | 22 | 17 | 2 | 6 |
| Highest Yield Accepted (%) | 2,1750 | 2.1825 | 1.9400 | 2.0975 |
| Lowest Yield Accepted (%) | 2.1450 | 2.1575 | 1.9375 | 2.0700 |
| Highest Yield Rejected (%) | 2.2400 | 2.2300 | 1.9850 | 2.1700 |
| Lowest Yield Rejected (%) | 2.1750 | 2.1825 | 1.9400 | 2.0975 |
| Weighted Average Accepted Yield (%) | 2.1645 | 2.1726 | 1.9398 | 2.0944 |
| Weighted Average Rejected Yield (%) | 2.1967 | 2.2068 | 1.9562 | 2.1189 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 26.10 | 80.00 | 90.00 | 70.00 |
| Coverage ratio | 1.88 | 1.5800 | 2.18 | 2.97 |
*Individual allotments may vary due to rounding.
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