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NZ Govt Bond Tender #840; Tender Date 1 December 2022
1st Dec 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 840 held on Dec 31 2022.
Tender Date: Thursday, Dec 1, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Dec 6 2022
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(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Dec 1- #840 | Sep 29- #832 | Sep 15- #830 | Sep 1- #828 | |
| Series Offered : 4.50% 15 Apr 2027 | ||||
| Total Amount offered ($million) | 150 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 150 | 200 | 200 | 200 |
| Total Number of bids Received | 26 | 46 | 50 | 35 |
| Total Amount of bids Received ($million) | 395 | 361 | 568 | 448 |
| Total Number of Successful bids | 10 | 24 | 1 | 14 |
| Highest Yield Accepted (%) | 4.2775 | 4.1750. | 3.9200 | 3.9750 |
| Lowest Yield Accepted (%) | 4.2625 | 4.1425 | 3.9200 | 3.9500 |
| Highest Yield Rejected (%) | 4.3750 | 4.2200 | 3.9950 | 4.0200 |
| Lowest Yield Rejected (%) | 4.2775 | 4.1750 | 3.9225 | 3.9750 |
| Weighted Average Accepted Yield (%) | 4.2726 | 4.1618 | 3.9200 | 3.9661 |
| Weighted Average Rejected Yield (%) | 4.2967 | 4.1892 | 3.9421 | 3.9925 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 44.80 | 37.00 | 100.00 | 85.10 |
| Coverage ratio | 2.63 | 1.80 | 2.84 | 2.24 |
(2) Series Offered : 3.50% 14 Apr 2033
| Dec 1- #839 | Nov 3- #837 | Oct 6- #835 | Oct 6- #833 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 200 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 189 | 150 | 150 | 150 |
| Total Number of Bids Received | 26 | 45 | 61 | 61 |
| Total Amount of Bids Received ($million) | 189 | 370 | 661 | 425 |
| Total Number of Successful Bids | 26 | 9 | 17 | 28 |
| Highest Yield Accepted (%) | 4.0850 | 4.5425 | 4.8050 | 4.2150 |
| Lowest Yield Accepted (%) | 4.0050 | 4.3700 | 4.7900 | 4.1950 |
| Highest Yield Rejected (%) | 4.6400 | 4.8800 | 4.2750 | |
| Lowest Yield Rejected (%) | 4.5425 | 4.8050 | 4.2150 | |
| Weighted Average Accepted Yield (%) | 4.0301 | 4.44132 | 4.7993 | 4.2041 |
| Weighted Average Rejected Yield (%) | 4.5666 | 4.8222 | 4.2337 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 11.80 | 17.70 | 20.00 |
| Coverage ratio | 0.9450 | .2.47 | 4.41 | 2.83 |
(3) Series Offered : 2.75% 15 May 2051
| Dec 1- #839 | Nov 3- #837 | Oct 6- #835 | Oct 6- #833 | |
| 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 | 24 | 35 | 38 |
| Total Amount of Bids Received ($million) | 93 | 81 | 172 | 146 |
| Total Number of Successful Bids | 15 | 12 | 12 | 11 |
| Highest Yield Accepted (%) | 4.2250 | 4.8200 | 5.0550 | 4.4975 |
| Lowest Yield Accepted (%) | 4.1975 | 4.7850 | 5.0325 | 4.4775 |
| Highest Yield Rejected (%) | 4.2900 | 4.8800 | 5.1500 | 4.5800 |
| Lowest Yield Rejected (%) | 4.2250 | 4.8200 | 5.0550 | 4.5000 |
| Weighted Average Accepted Yield (%) | 4.2094 | 4.8037 | 5.0464 | 4.4884 |
| Weighted Average Rejected Yield (%) | 4.2511 | 4.8410 | 5.0820 | 4.5246 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 85.70 | 64.70 | 46.20 | 100.00 |
| Coverage ratio | 1.86 | 1.62 | 3.44 | 2.92 |
*Individual allotments may vary due to rounding.
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