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NZ Govt Bond Tender #807; Tender Date 24 Mar 2022
24th Mar 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 807 held on Mar 24, 2022.
Tender Date: Thursday, Mar 24, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Mar 29, 2022
(1) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Mar 24 - #807 | Mar 10 - #805 | Sep 30 - #786 | Sep 2 - #783 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 100 | 100 | 200 | 200 |
| Total Amount Allocated ($million) | 100 | 100 | 200 | 200 |
| Total Number of Bids Received | 22 | 23 | 23 | 26 |
| Total Amount of Bids Received ($million) | 426 | 231 | 380 | 401 |
| Total Number of Successful Bids | 1 | 11 | 16 | 15 |
| Highest Yield Accepted (%) | 3.1525 | 2.8775 | 1.7650 | 1.6375 |
| Lowest Yield Accepted (%) | 3.1525 | 2.8525 | 1.7500 | 1.6100 |
| Highest Yield Rejected (%) | 3.2250 | 3.0000 | 1.7875 | 1.6700 |
| Lowest Yield Rejected (%) | 3.1575 | 2.8775 | 1.7650 | 1.6375 |
| Weighted Average Accepted Yield (%) | 3.1525 | 2.8616 | 1.7584 | 1.6314 |
| Weighted Average Rejected Yield (%) | 3.1769 | 2.9065 | 1.7717 | 1.6498 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 23.80 | 11.80 | 98.20 |
| Coverage ratio | 4.26 | 2.31 | 1.90 | 2.01 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Mar 24- #807 | Mar 10- #805 | Feb 24- #803 | Feb 10- #801 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 28 | 33 | 29 | 32 |
| Total Amount of Bids Received ($million) | 329 | 221 | 260 | 281 |
| Total Number of Successful Bids | 10 | 18 | 13 | 18 |
| Highest Yield Accepted (%) | 3.2600 | 2.9500 | 2.8250 | 2.7500 |
| Lowest Yield Accepted (%) | 3.2400 | 2.9250 | 2.8025 | 2.7300 |
| Highest Yield Rejected (%) | 3.3025 | 2.9900 | 2.9000 | 2.8200 |
| Lowest Yield Rejected (%) | 3.2600 | 2.9500 | 2.8250 | 2.7500 |
| Weighted Average Accepted Yield (%) | 3.2462 | 2.9384 | 2.8143 | 2.7418 |
| Weighted Average Rejected Yield (%) | 3.2742 | 2.9796 | 2.8378 | 2.7671 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 13.20 | 66.70 | 50.00 | 23.10 |
| Coverage ratio | 3.29 | 2.21 | 2.60 | 2.81 |
*Individual allotments may vary due to rounding.
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