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NZ Govt Bond Tender #815; Tender Date 26 May 2022

Bonds / news
NZ Govt Bond Tender #815; Tender Date 26 May 2022

The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 815 held on May 26, 2022.

Tender Date: Thursday, May 26, 2022.

Bids close: 2.00pm

Results: From 2.05pm

Settlement Date: Tuesday, May 31, 2022

 

 

(1) Series Offered : 2.75% 15 Apr 2025

  May 26 #816 May 12 #813 Apr 28 #811 Apr #809
Series Offered        
Total Amount offered ($million) 100 100 100 100
Total Amount Allocated ($million) 100 100 100 100
Total Number of bids Received 34 33 27 22
Total Amount of bids Received ($million) 455 500 338 354
Total Number of Successful bids 5 3 10 6
Highest Yield Accepted (%) 3.3425 3.4200 3.5200 3.2400
Lowest Yield Accepted (%) 3.3350 3.4175 3.5000 3.2300
Highest Yield Rejected (%) 3.4100 3.4750 3.5550 3.2850
Lowest Yield Rejected (%) 3.3425 3.4200 3.5200 3.2400
Weighted Average Accepted Yield (%) 3.3416 3.4192 3.5131 3.2346
Weighted Average Rejected Yield (%) 3.3694 3.4358 3.5362 3.2640
Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* 75.00 60.90 18.20 20.00
Coverage ratio 4.55 5.00 3.38 3.54

 

(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032

  May 26- #815 May 12- #813 Apr 28- #811 Apr 7- #809
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 45 31 33 23
Total Amount of Bids Received ($million) 494 268 229 156
Total Number of Successful Bids 12 10 18 20
Highest Yield Accepted (%) 3.5500 3.7200 3.7000 3.4250
Lowest Yield Accepted (%) 3.5100 3.7050 3.6725 3.3825
Highest Yield Rejected (%) 3.6050 3.7650 3.7600 3.4450
Lowest Yield Rejected (%) 3.5500 3.7200 3.7000 3.4250
Weighted Average Accepted Yield (%) 3.5384 3.7114 3.6924 3.4078
Weighted Average Rejected Yield (%) 3.5700 3.7446 3.7324 3.4286
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 93.80 56.50 83.30 18.00
Coverage ratio 4.94 2.68 2.29 1.56

 

 

*Individual allotments may vary due to rounding.

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