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NZ Govt Bond Tender #814; Tender Date 20 May 2022
20th May 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 814 held on May 20, 2022.
Tender Date: Thursday, May 20, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, May 25, 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| May 20- #814 | May 5- #812 | Apr 21- #810 | Mar 17- #806 | |
| 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 | 20 | 34 | 29 |
| Total Amount of bids Received ($million) | 560 | 350 | 475 | 482 |
| Total Number of Successful bids | 1 | 7 | 8 | 2 |
| Highest Yield Accepted (%) | 3.3175 | 3.6125 | 3.3725 | 3.0100 |
| Lowest Yield Accepted (%) | 3.3175 | 3.5900 | 3.3600 | 3.0100 |
| Highest Yield Rejected (%) | 3.3600 | 3.6300 | 3.4100 | 3.0650 |
| Lowest Yield Rejected (%) | 3.3200 | 3.6125 | 3.3725 | 3.0100 |
| Weighted Average Accepted Yield (%) | 3.3175 | 3.6079 | 3.3671 | 3.0100 |
| Weighted Average Rejected Yield (%) | 3.3366 | 3.6172 | 3.3891 | 3.0349 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 100.00 | 31.00 | 36.80 | 90.90 |
| Coverage ratio | 5.60 | 3.50 | 4.75 | 4.82 |
(2) Series Offered : 2.75% 15 May 2051
| May 20 - #814 | May 5 - #812 | Apr 21 - #810 | Mar 17 - #806 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 38 | 34 | 30 | 32 |
| Total Amount of Bids Received ($million) | 188 | 276 | 159 | 281 |
| Total Number of Successful Bids | 28 | 18 | 18 | 2 |
| Highest Yield Accepted (%) | 3.9400 | 3.9700 | 3.7575 | 3.5300 |
| Lowest Yield Accepted (%) | 3.8825 | 3.9300 | 3.7100 | 3.5275 |
| Highest Yield Rejected (%) | 4.0000 | 4.0200 | 3.8400 | 3.6400 |
| Lowest Yield Rejected (%) | 3.9400 | 3.9700 | 3.7575 | 3.5300 |
| Weighted Average Accepted Yield (%) | 3.9189 | 3.9449 | 3.7310 | 3.5299 |
| Weighted Average Rejected Yield (%) | 3.9699 | 3.9787 | 3.7857 | 3.5847 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 85.20 | 7.50 | 40.00 | 95.00 |
| Coverage ratio | 1.88 | 2.76 | 1.59 | 2.81 |
*Individual allotments may vary due to rounding.
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