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NZ Govt Bond Tender #783; Tender Date 2 Sep 2021

NZ Govt Bond Tender #783; Tender Date 2 Sep 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 783 held on Sep 2, 2021.

Tender Date: Thursday, Sep 2, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Sep 7, 2021

 

(1) Series Offered : 0.5% 15 May 2026

  Sep 2 - #783 Aug 19 - #781 Aug 5 - #779 Jul 22 - #777
Series Offered        
Total Amount offered ($million) 200 200 200 200
Total Amount Allocated ($million) 200 200 200 200
Total Number of bids Received 26 25 25 25
Total Amount of bids Received ($million) 450 460 515 530
Total Number of Successful bids 7 19 13 10
Highest Yield Accepted (%) 1.4275 1.3050 1.2500 1.1600
Lowest Yield Accepted (%) 1.4200 1.2750 1.2275 1.1400
Highest Yield Rejected (%) 1.4650 1.3200 1.2725 1.2000
Lowest Yield Rejected (%) 1.4275 1.3050 1.2500 1.1600
Weighted Average Accepted Yield (%) 1.4265 1.2901 1.2422 1.1526
Weighted Average Rejected Yield (%) 1.4410 1.3136 1.2542 1.1681
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 73.80 21.60 29.50 20.60
Coverage ratio 2.25 2.30 2.57 2.65

 

(2) Nominal Bonds - Series Offered : 0.25% 15 May 2028

  Sep  2 - #783 Aug  19 - #781 Aug  5 - #779   Jul 22- #777
Series Offered : 0.25% 15 May 2028          
Total Amount Offered ($million) 200 200 200   200
Total Amount Allocated ($million) 200 200 200   200
Total Number of Bids Received 26 32 28   28
Total Amount of Bids Received ($million) 401 340 535   716
Total Number of Successful Bids 15 25 13   4
Highest Yield Accepted (%) 1.6375 1.4900 1.4525   1.3725
Lowest Yield Accepted (%) 1.6100 1.4700 1.4275   1.3620
Highest Yield Rejected (%) 1.6700 1.5225 1.4800   1.4200
Lowest Yield Rejected (%) 1.6375 1.4900 1.4525   1.3825
Weighted Average Accepted Yield (%) 1.6314 1.4808 1.4493   1.3688
Weighted Average Rejected Yield (%) 1.6498 1.5002 1.4658   1.3923
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 98.20 50.00 79.30   100.00
Coverage ratio 2.01 1.70 2.67   3.58

 

(3) Series Offered : 3.50% 14 Apr 2033

  Sep 2 - #783 Aug 19 - #781 Aug 5 - #779 Jul 22 - #777
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 30 27 22 32
Total Amount of Bids Received ($million) 252 201 220 432
Total Number of Successful Bids 14 20 9 2
Highest Yield Accepted (%) 2.0500 1.8400 1.7600 1.7300
Lowest Yield Accepted (%) 2.0300 1.8175 1.7375 1.7250
Highest Yield Rejected (%) 2.0850 1.8700 1.8150 1.8075
Lowest Yield Rejected (%) 2.0500 1.8400 1.7600 1.7425
Weighted Average Accepted Yield (%) 2.0400 1.8270 1.7556 1.7275
Weighted Average Rejected Yield (%) 2.0610 1.8519 1.7717 1.7584
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 75.00 26.70 63.60 100.00
Coverage ratio 2.52 2.01 2.20 4.32

*Individual allotments may vary due to rounding.

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