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NZ Govt Bond Tender #837; Tender Date 3 November 2022
3rd Nov 22, 2:45pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 837 held on Nov 3, 2022.
Tender Date: Thursday, Nov 3, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Nov 8 2022
(1) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Nov 3- #837 | Oct 20- #835 | Oct 6- #833 | Mar 24 - #807 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 200 | 200 | 200 | 100 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 100 |
| Total Number of Bids Received | 44 | 31 | 58 | 22 |
| Total Amount of Bids Received ($million) | 370 | 240 | 543 | 426 |
| Total Number of Successful Bids | 25 | 27 | 29 | 1 |
| Highest Yield Accepted (%) | 4.5800 | 4.7775 | 4.0675 | 3.1525 |
| Lowest Yield Accepted (%) | 4.5500 | 4.7325 | 4.0325 | 3.1525 |
| Highest Yield Rejected (%) | 4.6400 | 4.7925 | 4.1100 | 3.2250 |
| Lowest Yield Rejected (%) | 4.5800 | 4.7800 | 4.0700 | 3.1575 |
| Weighted Average Accepted Yield (%) | 4.5662 | 4.7526 | 4.0490 | 3.1525 |
| Weighted Average Rejected Yield (%) | 4.5944 | 4.7881 |
4.0832 |
3.1769 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 82.50 | 100.00 | 100.00 | 100.00 |
| Coverage ratio | 1.85 | 1.20 | 2.71 | 4.26 |
(2) Series Offered : 3.50% 14 Apr 2033
| Nov 3- #837 | Oct 6- #835 | Oct 6- #833 | Jul 28- #824 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 45 | 61 | 61 | 37 |
| Total Amount of Bids Received ($million) | 370 | 661 | 425 | 408 |
| Total Number of Successful Bids | 9 | 17 | 28 | 11 |
| Highest Yield Accepted (%) | 4.5425 | 4.8050 | 4.2150 | 3.5100 |
| Lowest Yield Accepted (%) | 4.3700 | 4.7900 | 4.1950 | 3.4975 |
| Highest Yield Rejected (%) | 4.6400 | 4.8800 | 4.2750 | 3.5800 |
| Lowest Yield Rejected (%) | 4.5425 | 4.8050 | 4.2150 | 3.5100 |
| Weighted Average Accepted Yield (%) | 4.44132 | 4.7993 | 4.2041 | 3.5028 |
| Weighted Average Rejected Yield (%) | 4.5666 | 4.8222 | 4.2337 | 3.5238 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 11.80 | 17.70 | 20.00 | 42.90 |
| Coverage ratio | .2.47 | 4.41 | 2.83 | 2.72 |
(3) Series Offered : 2.75% 15 May 2051
| Nov 3- #837 | Oct 6- #835 | Oct 6- #833 | Sep 22 - #831 | |
| 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 | 35 | 38 | 34 |
| Total Amount of Bids Received ($million) | 81 | 172 | 146 | 139 |
| Total Number of Successful Bids | 12 | 12 | 11 | 7 |
| Highest Yield Accepted (%) | 4.8200 | 5.0550 | 4.4975 | 4.3750 |
| Lowest Yield Accepted (%) | 4.7850 | 5.0325 | 4.4775 | 4.3650 |
| Highest Yield Rejected (%) | 4.8800 | 5.1500 | 4.5800 | 4.4700 |
| Lowest Yield Rejected (%) | 4.8200 | 5.0550 | 4.5000 | 4.3750 |
| Weighted Average Accepted Yield (%) | 4.8037 | 5.0464 | 4.4884 | 4.3702 |
| Weighted Average Rejected Yield (%) | 4.8410 | 5.0820 | 4.5246 | 4.4099 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 64.70 | 46.20 | 100.00 | 62.50 |
| Coverage ratio | 1.62 | 3.44 | 2.92 | 2.78 |
*Individual allotments may vary due to rounding.
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