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NZ Govt Bond Tender #839; Tender Date 24 Nov 2022
24th Nov 22, 2:37pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 839 held on Nov 24, 2022.
Tender Date: Thursday, Nov 24, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Nov 29 2022
(1) Series Offered : 2.75% 15 Apr 2025
| Nov 24- #839 | Nov 10- #838 | Oct 27- #836 | Oct 13- #834 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 19 | 35 | 31 | 32 |
| Total Amount of bids Received ($million) | 200 | 565 | 289 | 335 |
| Total Number of Successful bids | 19 | 15 | 26 | 24 |
| Highest Yield Accepted (%) | 4.6675 | 4.5275 | 4.4075 | 4.3825 |
| Lowest Yield Accepted (%) | 4.5550 | 4.5150 | 4.3650 | 4.3550 |
| Highest Yield Rejected (%) | 4.5800 | 4.4400 | 4.4400 | |
| Lowest Yield Rejected (%) | 4.5275 | 4.4075 | 4.3850 | |
| Weighted Average Accepted Yield (%) | 4.5866 | 4.5215 | 4.3926 | 4.3692 |
| Weighted Average Rejected Yield (%) | 4.5405 | 4.4166 | 4.4074 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 100.00 | 80.00 | 72.0 | 100.00 |
| Coverage ratio | 1.0 | 2.82 | 1.45 | 1.67 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Nov 24- #839 | Nov 10- #838 | Oct 27- #836 | Oct 13- #834 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 37 | 47 | 72 | 45 |
| Total Amount of Bids Received ($million) | 609 | 669 | 945 | 317 |
| Total Number of Successful Bids | 1 | 2 | 9 | 24 |
| Highest Yield Accepted (%) | 4.1275 | 4.4275 | 4.3200 | 4.5225 |
| Lowest Yield Accepted (%) | 4.1275 | 4.4250 | 4.3125 | 4.4925 |
| Highest Yield Rejected (%) | 4.2375 | 4.5200 | 4.4750 | 4.5650 |
| Lowest Yield Rejected (%) | 4.1325 | 4.4275 | 4.3200 | 4.5225 |
| Weighted Average Accepted Yield (%) | 4.1275 | 4.4274 | 4.3166 | 4.5085 |
| Weighted Average Rejected Yield (%) | 4.1690 | 4.4478 | 4.3547 | 4.5461 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 96.70 | 84.70 | 60.0 |
| Coverage ratio | 4.06 | 4.46 | 6.30 | 2.11 |
(3) Series Offered : 2.75% 15 Apr 2037
| Nov 24 - #839 | Nov 10 - #838 | Aug 11 - #826 | Jul 28 - #822 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 24 | 23 | 24 | 25 |
| Total Amount of Bids Received ($million) | 205 | 141 | 88 | 130 |
| Total Number of Successful Bids | 1 | 7 | 17 | 7 |
| Highest Yield Accepted (%) | 4.3175 | 4.6675 | 3.7500 | 3.6650 |
| Lowest Yield Accepted (%) | 4.3175 | 4.6550 | 3.6975 | 3.6500 |
| Highest Yield Rejected (%) | 4.4275 | 4.7425 | 3.7700 | 3.7700 |
| Lowest Yield Rejected (%) | 4.3225 | 4.6675 | 3.7500 | 3.6650 |
| Weighted Average Accepted Yield (%) | 4.3175 | 4.6609 | 3.7356 | 3.6570 |
| Weighted Average Rejected Yield (%) | 4.3485 | 4.6887 | 3.7532 | 3.7006 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 50.00 | 17.60 | 33.30 |
| Coverage ratio | 4.10 | 2.82 | 1.76 | 2.60 |
*Individual allotments may vary due to rounding.
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