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NZ Govt Bond Tender #825; Tender Date 4 Aug 2022
4th Aug 22, 2:05pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 825 held on Aug 4, 2022.
Tender Date: Thursday, Aug 4, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Aug 9 2022
(1) Series Offered : 0.5% 15 May 2026
| Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | Dec 9 - #796 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 24 | 40 | 39 | 29 |
| Total Amount of bids Received ($million) | 309 | 474 | 499 | 550 |
| Total Number of Successful bids | 16 | 27 | 16 | 9 |
| Highest Yield Accepted (%) | 3.2800 | 3.7150 | 3.4000 | 2.3350 |
| Lowest Yield Accepted (%) | 3.2575 | 3.6850 | 3.3725 | 2.3100 |
| Highest Yield Rejected (%) | 3.3500 | 3.7425 | 3.4600 | 2.4200 |
| Lowest Yield Rejected (%) | 3.2800 | 3.7150 | 3.4000 | 2.3350 |
| Weighted Average Accepted Yield (%) | 3.2684 | 3.7037 | 3.3924 | 2.3259 |
| Weighted Average Rejected Yield (%) | 3.3080 | 3.7213 | 3.4173 | 2.3655 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 66.70 | 16.80 | 56.70 | 83.30 |
| Coverage ratio | 1.5 | 3.4 | 2.49 | 2.75 |
(2) Series Offered : 3.00% 20 Apr 2029
| Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | Jul 29 - #778 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 200 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 200 |
| Total Number of Bids Received | 49 | 42 | 32 | 27 |
| Total Amount of Bids Received ($million) | 473 | 424 | 571 | 390 |
| Total Number of Successful Bids | 19 | 15 | 1 | 5 |
| Highest Yield Accepted (%) | 3.2950 | 3.7350 | 3.5050 | 1.3675 |
| Lowest Yield Accepted (%) | 3.2750 | 3.7125 | 3.5050 | 1.3600 |
| Highest Yield Rejected (%) | 3.3725 | 3.8050 | 3.5700 | 1.4000 |
| Lowest Yield Rejected (%) | 3.2950 | 3.7350 | 3.5075 | 1.3675 |
| Weighted Average Accepted Yield (%) | 3.2865 | 3.7275 | 3.5050 | 1.3671 |
| Weighted Average Rejected Yield (%) | 3.3128 | 3.7516 | 3.5293 | 1.3784 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 44.40 | 48.60 | 100.00 | 86.00 |
| Coverage ratio | .3.2 | 2.83 | 3.81 | 1.95 |
(3) Series Offered : 2.75% 15 May 2051
| Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | Jun 30 - #820 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 100 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 100 |
| Total Number of Bids Received | 31 | 35 | 52 | 33 |
| Total Amount of Bids Received ($million) | 177 | 136 | 131 | 184 |
| Total Number of Successful Bids | 7 | 12 | 2 | 23 |
| Highest Yield Accepted (%) | 3.7725 | 3.9900 | 3.9800 | 4.1650 |
| Lowest Yield Accepted (%) | 3.7500 | 3.9600 | 3.9750 | 4.1375 |
| Highest Yield Rejected (%) | 3.8700 | 4.0550 | 4.0700 | 4.2350 |
| Lowest Yield Rejected (%) | 3.7725 | 3.9900 | 3.9800 | 4.1650 |
| Weighted Average Accepted Yield (%) | 3.7660 | 3.9751 | 3.9797 | 4.1544 |
| Weighted Average Rejected Yield (%) | 3.7881 | 4.0185 | 4.0161 | 4.1776 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40.00 | 33.30 | 94.00 | 75.80 |
| Coverage ratio | 3.54 | 2.72 | 2.62 | 1.84 |
*Individual allotments may vary due to rounding.
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