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NZ Govt Bond Tender #804; Tender Date 3 Mar 2022
3rd Mar 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 804 held on Mar 3, 2022.
Tender Date: Thursday, Mar 3, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Mar 8, 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Mar 3- #804 | Feb 17- #802 | Feb 3- #800 | Dec 16- #798 | |
| Series Offered : 4.50% 15 Apr 2027 | ||||
| Total Amount offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of bids Received | 31 | 24 | 26 | 18 |
| Total Amount of bids Received ($million) | 456 | 490 | 360 | 280 |
| Total Number of Successful bids | 9 | 2 | 11 | 7 |
| Highest Yield Accepted (%) | 2.6525 | 2.6350 | 2.3475 | 2.4500 |
| Lowest Yield Accepted (%) | 2.6375 | 2.6350 | 2.3350 | 2.4400 |
| Highest Yield Rejected (%) | 2.7100 | 2.6850 | 2.3700 | 2.4875 |
| Lowest Yield Rejected (%) | 2.6525 | 2.6350 | 2.3475 | 2.4500 |
| Weighted Average Accepted Yield (%) | 2.6460 | 2.6350 | 2.3434 | 2.4440 |
| Weighted Average Rejected Yield (%) | 2.6721 | 2.6443 | 2.3608 | 2.4694 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 50.00 | 95.20 | 55.60. | 33.30 |
| Coverage ratio | 4.56 | 4.90 | 3.60 | 2..80 |
(2) Series Offered : 2.75% 15 May 2051
| Mar 3 - #804 | Feb 17 - #802 | Feb 3 - #800 | Jan 20 - #798 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 25 | 29 | 21 | 26 |
| Total Amount of Bids Received ($million) | 142 | 219 | 174 | 190 |
| Total Number of Successful Bids | 20 | 14 | 2 | 8 |
| Highest Yield Accepted (%) | 3.2200 | 3.1700 | 2.8675 | 2.9975 |
| Lowest Yield Accepted (%) | 3.1675 | 3.1500 | 2.8675 | 2.9850 |
| Highest Yield Rejected (%) | 3.2525 | 3.2600 | 2.9100 | 3.0600 |
| Lowest Yield Rejected (%) | 3.2200 | 3.1700 | 2.8675 | 3.0000 |
| Weighted Average Accepted Yield (%) | 3.1905 | 3.1634 | 2.8675 | 2.9884 |
| Weighted Average Rejected Yield (%) | 3.2323 | 3.1869 | 2.8885 | 3.0165 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60.00 | 46.70 | 95.20 | 100.00 |
| Coverage ratio | 1.42 | 2.19 | 1.74 | 1.90 |
*Individual allotments may vary due to rounding.
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