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NZ Govt Bond Tender #827; Tender Date 18 Aug 2022
18th Aug 22, 2:10pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 827 held on Aug 18, 2022.
Tender Date: Thursday, Aug 18, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Aug 23 2022
(1) Series Offered : 0.5% 15 May 2026
| Aug 18 - #827 | Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 42 | 24 | 40 | 39 |
| Total Amount of bids Received ($million) | 603 | 309 | 474 | 499 |
| Total Number of Successful bids | 12 | 16 | 27 | 16 |
| Highest Yield Accepted (%) | 3.4750 | 3.2800 | 3.7150 | 3.4000 |
| Lowest Yield Accepted (%) | 3.4600 | 3.2575 | 3.6850 | 3.3725 |
| Highest Yield Rejected (%) | 3.5250 | 3.3500 | 3.7425 | 3.4600 |
| Lowest Yield Rejected (%) | 3.4750 | 3.2800 | 3.7150 | 3.4000 |
| Weighted Average Accepted Yield (%) | 3.4687 | 3.2684 | 3.7037 | 3.3924 |
| Weighted Average Rejected Yield (%) | 3.4881 | 3.3080 | 3.7213 | 3.4173 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 52.60 | 66.70 | 16.80 | 56.70 |
| Coverage ratio | 3.02 | 1.5 | 3.4 | 2.49 |
(2) Series Offered : 3.00% 20 Apr 2029
| Aug 18 - #827 | Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 29 | 49 | 42 | 32 |
| Total Amount of Bids Received ($million) | 270 | 473 | 424 | 571 |
| Total Number of Successful Bids | 14 | 19 | 15 | 1 |
| Highest Yield Accepted (%) | 3.4625 | 3.2950 | 3.7350 | 3.5050 |
| Lowest Yield Accepted (%) | 3.4475 | 3.2750 | 3.7125 | 3.5050 |
| Highest Yield Rejected (%) | 3.5200 | 3.3725 | 3.8050 | 3.5700 |
| Lowest Yield Rejected (%) | 3.4625 | 3.2950 | 3.7350 | 3.5075 |
| Weighted Average Accepted Yield (%) | 3.4564 | 3.2865 | 3.7275 | 3.5050 |
| Weighted Average Rejected Yield (%) | 3.4798 | 3.3128 | 3.7516 | 3.5293 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 80.00 | 44.40 | 48.60 | 100.00 |
| Coverage ratio | 1.80 | .3.2 | 2.83 | 3.81 |
(3) Series Offered : 2.75% 15 May 2051
| Aug 18 - #827 | Aug 4 - #825 | Jul 21 - #823 | Jul 7 - #821 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 24 | 31 | 35 | 52 |
| Total Amount of Bids Received ($million) | 100 | 177 | 136 | 131 |
| Total Number of Successful Bids | 8 | 7 | 12 | 2 |
| Highest Yield Accepted (%) | 3.9600 | 3.7725 | 3.9900 | 3.9800 |
| Lowest Yield Accepted (%) | 3.9325 | 3.7500 | 3.9600 | 3.9750 |
| Highest Yield Rejected (%) | 4.0050 | 3.8700 | 4.0550 | 4.0700 |
| Lowest Yield Rejected (%) | 3.9600 | 3.7725 | 3.9900 | 3.9800 |
| Weighted Average Accepted Yield (%) | 3.9505 | 3.7660 | 3.9751 | 3.9797 |
| Weighted Average Rejected Yield (%) | 3.9796 | 3.7881 | 4.0185 | 4.0161 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 12.50 | 40.00 | 33.30 | 94.00 |
| Coverage ratio | 2.00 | 3.54 | 2.72 | 2.62 |
*Individual allotments may vary due to rounding.
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