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NZ Govt Bond Tender #809; Tender Date 7 Apr 2022
7th Apr 22, 2:15pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 809 held on Apr 7, 2022.
Tender Date: Thursday, Apr 7, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Apr 12, 2022
(1) Series Offered : 2.75% 15 Apr 2025
| Apr 29, 2022- #809 | Apr 29, 2021 - #766 | Apr 15, 2021 - #764 | Apr 1, 2021 - #762 | |
| Series Offered | ||||
| Total Amount offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of bids Received | 22 | 25 | 17 | 24 |
| Total Amount of bids Received ($million) | 354 | 500 | 330 | 460 |
| Total Number of Successful bids | 6 | 6 | 3 | 6 |
| Highest Yield Accepted (%) | 3.2400 | 0.6050 | 0.6300 | 0.7025 |
| Lowest Yield Accepted (%) | 3.2300 | 0.6000 | 0.6275 | 0.6975 |
| Highest Yield Rejected (%) | 3.2850 | 0.6475 | 0.6825 | 0.7775 |
| Lowest Yield Rejected (%) | 3.2400 | 0.6050 | 0.6300 | 0.7050 |
| Weighted Average Accepted Yield (%) | 3.2346 | 0.6024 | 0.6295 | 0.6992 |
| Weighted Average Rejected Yield (%) | 3.2640 | 0.6163 | 0.6457 | 0.7248 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 20.00 | 75.00 | 66.70 | 100.00 |
| Coverage ratio | 3.54 | 5.00 | 3.30 | 4.60 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Apr 7- #809 | Mar 24- #807 | Mar 10- #805 | Feb 24- #803 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 23 | 28 | 33 | 29 |
| Total Amount of Bids Received ($million) | 156 | 329 | 221 | 260 |
| Total Number of Successful Bids | 20 | 10 | 18 | 13 |
| Highest Yield Accepted (%) | 3.4250 | 3.2600 | 2.9500 | 2.8250 |
| Lowest Yield Accepted (%) | 3.3825 | 3.2400 | 2.9250 | 2.8025 |
| Highest Yield Rejected (%) | 3.4450 | 3.3025 | 2.9900 | 2.9000 |
| Lowest Yield Rejected (%) | 3.4250 | 3.2600 | 2.9500 | 2.8250 |
| Weighted Average Accepted Yield (%) | 3.4078 | 3.2462 | 2.9384 | 2.8143 |
| Weighted Average Rejected Yield (%) | 3.4286 | 3.2742 | 2.9796 | 2.8378 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 18.00 | 13.20 | 66.70 | 50.00 |
| Coverage ratio | 1.56 | 3.29 | 2.21 | 2.60 |
*Individual allotments may vary due to rounding.
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