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NZ Govt Bond Tender #802; Tender Date 17 Feb 2022
17th Feb 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 802 held on Feb 17, 2022.
Tender Date: Thursday, Feb 17, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Feb 22, 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Feb 17- #802 | Feb 3- #800 | Dec 16- #798 | |
| Series Offered : 4.50% 15 Apr 2027 | |||
| Total Amount offered ($million) | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 |
| Total Number of bids Received | 24 | 26 | 18 |
| Total Amount of bids Received ($million) | 490 | 360 | 280 |
| Total Number of Successful bids | 2 | 11 | 7 |
| Highest Yield Accepted (%) | 2.6350 | 2.3475 | 2.4500 |
| Lowest Yield Accepted (%) | 2.6350 | 2.3350 | 2.4400 |
| Highest Yield Rejected (%) | 2.6850 | 2.3700 | 2.4875 |
| Lowest Yield Rejected (%) | 2.6350 | 2.3475 | 2.4500 |
| Weighted Average Accepted Yield (%) | 2.6350 | 2.3434 | 2.4440 |
| Weighted Average Rejected Yield (%) | 2.6443 | 2.3608 | 2.4694 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 95.20 | 55.60. | 33.30 |
| Coverage ratio | 4.90 | 3.60 | 2..80 |
(2) Series Offered : 2.75% 15 May 2051
| Feb 17 - #802 | Feb 3 - #800 | Jan 20 - #798 | Dec 16 - #797 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 29 | 21 | 26 | 24 |
| Total Amount of Bids Received ($million) | 219 | 174 | 190 | 162 |
| Total Number of Successful Bids | 14 | 2 | 8 | 13 |
| Highest Yield Accepted (%) | 3.1700 | 2.8675 | 2.9975 | 2.8400 |
| Lowest Yield Accepted (%) | 3.1500 | 2.8675 | 2.9850 | 2.7900 |
| Highest Yield Rejected (%) | 3.2600 | 2.9100 | 3.0600 | 2.9900 |
| Lowest Yield Rejected (%) | 3.1700 | 2.8675 | 3.0000 | 2.8400 |
| Weighted Average Accepted Yield (%) | 3.1634 | 2.8675 | 2.9884 | 2.8066 |
| Weighted Average Rejected Yield (%) | 3.1869 | 2.8885 | 3.0165 | 2.8959 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 46.70 | 95.20 | 100.00 | 14.30 |
| Coverage ratio | 2.19 | 1.74 | 1.90 | 1.62 |
*Individual allotments may vary due to rounding.
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