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NZ Govt Bond Tender #836; Tender Date 27 Oct 2022
27th Oct 22, 2:20pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 836 held on Oct 27, 2022.
Tender Date: Thursday, Oct 27, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Nov 1 2022
(1) Series Offered : 2.75% 15 Apr 2025
| Oct 27- #836 | Oct 13- #834 | Jun 23 #819 | Jun 09 #817 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 100 | 100 |
| Total Amount Allocated ($million) | 200 | 200 | 100 | 100 |
| Total Number of bids Received | 31 | 32 | 33 | 39 |
| Total Amount of bids Received ($million) | 289 | 335 | 305 | 420 |
| Total Number of Successful bids | 26 | 24 | 15 | 9 |
| Highest Yield Accepted (%) | 4.4075 | 4.3825 | 3.6725 | 3.5400 |
| Lowest Yield Accepted (%) | 4.3650 | 4.3550 | 3.6375 | 3.5200 |
| Highest Yield Rejected (%) | 4.4400 | 4.4400 | 3.7300 | 3.5980 |
| Lowest Yield Rejected (%) | 4.4075 | 4.3850 | 3.6725 | 3.5430 |
| Weighted Average Accepted Yield (%) | 4.3926 | 4.3692 | 3.6560 | 3.5330 |
| Weighted Average Rejected Yield (%) | 4.4166 | 4.4074 | 3.6948 | 3.5610 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 72.0 | 100.00 | 73.30 | 60.00 |
| Coverage ratio | 1.45 | 1.67 | 3.05 | 4.20 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Oct 27- #836 | Oct 13- #834 | Sep 29- #832 | Sep 15 #830 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 72 | 45 | 35 | 55 |
| Total Amount of Bids Received ($million) | 945 | 317 | 200 | 712 |
| Total Number of Successful Bids | 9 | 24 | 23 | 11 |
| Highest Yield Accepted (%) | 4.3200 | 4.5225 | 4.2200 | 4.0150 |
| Lowest Yield Accepted (%) | 4.3125 | 4.4925 | 4.1800 | 4.0000 |
| Highest Yield Rejected (%) | 4.4750 | 4.5650 | 4.2600 | 4.0700 |
| Lowest Yield Rejected (%) | 4.3200 | 4.5225 | 4.2200. | 4.0150 |
| Weighted Average Accepted Yield (%) | 4.3166 | 4.5085 | 4.2040. | 4.0138 |
| Weighted Average Rejected Yield (%) | 4.3547 | 4.5461 | 4.2356 | 4.0278 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 84.70 | 60.0 | 80.0 | 64.20 |
| Coverage ratio | 6.30 | 2.11 | 1.33 | 4.75 |
(2) Series Offered : 1.75% 15 May 2041
| Oct 27- #836 | Oct 13- #834 | Sep 29- #832 | Sep 15 #830 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 39 | 28 | 25 | 29 |
| Total Amount of Bids Received ($million) | 232 | 139 | 57 | 105 |
| Total Number of Successful Bids | 10 | 12 | 20 | 16 |
| Highest Yield Accepted (%) | 4.6800 | 4.9000 | 4.5550 | 4.3550 |
| Lowest Yield Accepted (%) | 4.6675 | 4.8800 | 4.4975 | 4.3300 |
| Highest Yield Rejected (%) | 4.7400 | 4.9600 | 4.5800 | 4.3850 |
| Lowest Yield Rejected (%) | 4.6800 | 4.9000 | 4.5600 | 4.3550 |
| Weighted Average Accepted Yield (%) | 4.6741 | 4.8930 | 4.5224 | 4.3440 |
| Weighted Average Rejected Yield (%) | 4.7042 | 4.9201 | 4.5721 | 4.3695 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 33.30 | 2.78 | 100.00 | 83.30 |
| Coverage ratio | 4.6 | 4.5 | 1.14 | 2.10 |
*Individual allotments may vary due to rounding.
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