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NZ Govt Bond Tender #830; Tender Date 15 Sep 2022
15th Sep 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 830 held on Sep 15, 2022.
Tender Date: Thursday, Sep 15, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Sep 20 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Sep 15- #830 | Sep 1- #828 | Aug 11- #826 | Jul 28- #824 | |
| Series Offered : 4.50% 15 Apr 2027 | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 50 | 35 | 34 | 33 |
| Total Amount of bids Received ($million) | 568 | 448 | 485 | 495 |
| Total Number of Successful bids | 1 | 14 | 17 | 16 |
| Highest Yield Accepted (%) | 3.9200 | 3.9750 | 3.3750 | 3.3475 |
| Lowest Yield Accepted (%) | 3.9200 | 3.9500 | 3.3400 | 3.3350 |
| Highest Yield Rejected (%) | 3.9950 | 4.0200 | 3.4350 | 3.4000 |
| Lowest Yield Rejected (%) | 3.9225 | 3.9750 | 3.3750 | 3.3475 |
| Weighted Average Accepted Yield (%) | 3.9200 | 3.9661 | 3.3621 | 3.3431 |
| Weighted Average Rejected Yield (%) | 3.9421 | 3.9925 | 3.3901 | 3.5578 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 100.00 | 85.10 | 5.60. | 70.40 |
| Coverage ratio | 2.84 | 2.24 | 2.42 | 2.48 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Sep 15 #830 | Sep 1 #828 | Aug 11 #826 | Jun 23 #819 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 100 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 100 |
| Total Number of Bids Received | 55 | 40 | 34 | 32 |
| Total Amount of Bids Received ($million) | 712 | 287 | 420 | 275 |
| Total Number of Successful Bids | 11 | 21 | 9 | 9 |
| Highest Yield Accepted (%) | 4.0150 | 4.0825 | 3.4375 | 4.0075 |
| Lowest Yield Accepted (%) | 4.0000 | 4.0550 | 3.4225 | 3.9775 |
| Highest Yield Rejected (%) | 4.0700 | 4.1450 | 3.4775 | 4.0625 |
| Lowest Yield Rejected (%) | 4.0150 | 4.0825 | 3.4375 | 4.0075 |
| Weighted Average Accepted Yield (%) | 4.0138 | 4.0734 | 3.4300 | 3.9956 |
| Weighted Average Rejected Yield (%) | 4.0278 | 4.1089 | 3.4526 | 4.0246 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 64.20 | 90.00 | 6.80 | 66.70 |
| Coverage ratio | 4.75 | 1.91 | 2.80 | 2.75 |
(2) Series Offered : 1.75% 15 May 2041
| Sep 15 #830 | Sep 1 #828 | Jan 27 - #799 | Dec 9 - #796 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 100 | 100 |
| Total Amount Allocated ($million) | 50 | 50 | 100 | 100 |
| Total Number of Bids Received | 29 | 27 | 33 | 19 |
| Total Amount of Bids Received ($million) | 105 | 125 | 306 | 108 |
| Total Number of Successful Bids | 16 | 11 | 12 | 17 |
| Highest Yield Accepted (%) | 4.3550 | 4.3900 | 2.9950 | 2.8900 |
| Lowest Yield Accepted (%) | 4.3300 | 4.3650 | 2.9575 | 2.8275 |
| Highest Yield Rejected (%) | 4.3850 | 4.4550 | 3.0775 | 2.9225 |
| Lowest Yield Rejected (%) | 4.3550 | 4.3950 | 2.9950 | 2.8900 |
| Weighted Average Accepted Yield (%) | 4.3440 | 4.3786 | 2.9848 | 2.8620 |
| Weighted Average Rejected Yield (%) | 4.3695 | 4.4250 | 3.0064 | 2.9069 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 83.30 | 100.0 | 13.0 | 92.0 |
| Coverage ratio | 2.10 | 2.50 | 3.06 | 1.08 |
*Individual allotments may vary due to rounding.
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