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NZ Govt Bond Tender #812; Tender Date 5 May 2022
5th May 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 812 held on May 5, 2022.
Tender Date: Thursday, May 5, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, May 5, 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| May 5- #812 | Apr 21- #810 | Mar 17- #806 | Mar 3- #804 | |
| 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 | 20 | 34 | 29 | 31 |
| Total Amount of bids Received ($million) | 350 | 475 | 482 | 456 |
| Total Number of Successful bids | 7 | 8 | 2 | 9 |
| Highest Yield Accepted (%) | 3.6125 | 3.3725 | 3.0100 | 2.6525 |
| Lowest Yield Accepted (%) | 3.5900 | 3.3600 | 3.0100 | 2.6375 |
| Highest Yield Rejected (%) | 3.6300 | 3.4100 | 3.0650 | 2.7100 |
| Lowest Yield Rejected (%) | 3.6125 | 3.3725 | 3.0100 | 2.6525 |
| Weighted Average Accepted Yield (%) | 3.6079 | 3.3671 | 3.0100 | 2.6460 |
| Weighted Average Rejected Yield (%) | 3.6172 | 3.3891 | 3.0349 | 2.6721 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 31.00 | 36.80 | 90.90 | 50.00 |
| Coverage ratio | 3.50 | 4.75 | 4.82 | 4.56 |
(2) Series Offered : 2.75% 15 May 2051
| May 5 - #812 | Apr 21 - #810 | Mar 17 - #806 | Mar 3 - #804 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 34 | 30 | 32 | 25 |
| Total Amount of Bids Received ($million) | 276 | 159 | 281 | 142 |
| Total Number of Successful Bids | 18 | 18 | 2 | 20 |
| Highest Yield Accepted (%) | 3.9700 | 3.7575 | 3.5300 | 3.2200 |
| Lowest Yield Accepted (%) | 3.9300 | 3.7100 | 3.5275 | 3.1675 |
| Highest Yield Rejected (%) | 4.0200 | 3.8400 | 3.6400 | 3.2525 |
| Lowest Yield Rejected (%) | 3.9700 | 3.7575 | 3.5300 | 3.2200 |
| Weighted Average Accepted Yield (%) | 3.9449 | 3.7310 | 3.5299 | 3.1905 |
| Weighted Average Rejected Yield (%) | 3.9787 | 3.7857 | 3.5847 | 3.2323 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 7.50 | 40.00 | 95.00 | 60.00 |
| Coverage ratio | 2.76 | 1.59 | 2.81 | 1.42 |
*Individual allotments may vary due to rounding.
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