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NZ Govt Bond Tender #784; Tender Date 9 Sep 2021

NZ Govt Bond Tender #784; Tender Date 9 Sep 2021

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 784 held on Sep 9, 2021.

Tender Date: Thursday, Sep 9, 2021.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, Sep 14, 2021

 

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

  Sep 9- #784 Aug 26- #782 Aug 12- #780 Jul 29- #778
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 26 29 23 25
Total Amount of bids Received ($million) 950 585 505 690
Total Number of Successful bids 2 14 9 4
Highest Yield Accepted (%) 1.3100 1.1225 1.1700 0.8825
Lowest Yield Accepted (%) 1.3100 1.1100 1.1575 0.8775
Highest Yield Rejected (%) 1.3600 1.1650 1.2200 0.9150
Lowest Yield Rejected (%) 1.3100 1.1225 1.1700 0.8825
Weighted Average Accepted Yield (%) 1.3100 1.1175 1.1651 0.8817
Weighted Average Rejected Yield (%) 1.3296 1.1372 1.1866 0.8933
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 90.90 83.30 33.30 71.10
Coverage ratio 4.75 2.92 2.50 3.45

 

(2) Nominal Bonds - Series Offered : 1.50% 15 May 2031

  Sep 9- #784 Aug 26 - #782 Aug 12 - #780 Jun 24 - #773
Series Offered : 1.50% 15 May 2031        
Total Amount Offered ($million) 200 200 200 100
Total Amount Allocated ($million) 200 200 200 100
Total Number of Bids Received 26 36 29 27
Total Amount of Bids Received ($million) 400 375 417 380
Total Number of Successful Bids 12 27 14 7
Highest Yield Accepted (%) 1.8875 1.6600 1.7175 1.7900
Lowest Yield Accepted (%) 1.8775 1.6375 1.6950 1.7850
Highest Yield Rejected (%) 1.9000 1.6800 1.7600 1.8625
Lowest Yield Rejected (%) 1.8875 1.6600 1.7175 1.7900
Weighted Average Accepted Yield (%) 1.8841 1.6502 1.7078 1.7892
Weighted Average Rejected Yield (%) 1.8917 1.6652 1.7311 1.8150
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 51.70 28.20 56.00 57.70
Coverage ratio 2.00 1.87 2.09 3.80

 

(3) Series Offered : 2.75% 15 Apr 2037

  Sep 9- #784 Aug 26 - #782 Aug 12 - #780 Jul 29 - #778
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 28 36 28 24
Total Amount of Bids Received ($million) 325 188 158.00 218
Total Number of Successful Bids 7 22 17 2
Highest Yield Accepted (%) 2.3650 2,1750 2.1825 1.9400
Lowest Yield Accepted (%) 2.3375 2.1450 2.1575 1.9375
Highest Yield Rejected (%) 2.4700 2.2400 2.2300 1.9850
Lowest Yield Rejected (%) 2.3675 2.1750 2.1825 1.9400
Weighted Average Accepted Yield (%) 2.3492 2.1645 2.1726 1.9398
Weighted Average Rejected Yield (%) 2.3831 2.1967 2.2068 1.9562
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 100.00 26.10 80.00 90.00
Coverage ratio 3.25 1.88 1.58 2.18

 

 

 

*Individual allotments may vary due to rounding.

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