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NZ Govt Bond Tender #952; Tender Date 19 Jun 2025
19th Jun 25, 3:05pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 952 held on 19 Jun, 2025.
Tender Date: Thursday, 19 Jun, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 25 Jun 2025
(1) Series Offered : 3.00% 20 Apr 2029
| 19 Jun #952 | 5 Jun #950 | 23 May #948 | 8 May #946 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 225 | 200 | 250 | 225 |
| Total Amount Allocated ($million) | 225 | 200 | 250 | 225 |
| Total Number of Bids Received | 40 | 44 | 32 | 43 |
| Total Amount of Bids Received ($million) | 817 | 1,060 | 731 | 840 |
| Total Number of Successful Bids | 10 | 13 | 12 | 9 |
| Highest Yield Accepted (%) | 3.7775 | 3.7225 | 3.7200 | 3.5975 |
| Lowest Yield Accepted (%) | 3.7650 | 3.7000 | 3.6900 | 3.5800 |
| Highest Yield Rejected (%) | 3.8625 | 3.8175 | 3.7700 | 3.6700 |
| Lowest Yield Rejected (%) | 3.7800 | 3.7225 | 3.7200 | 3.6000 |
| Weighted Average Accepted Yield (%) | 3.7719 | 3.7131 | 3.7091 | 3.5881 |
| Weighted Average Rejected Yield (%) | 3.8067 | 3.7445 | 3.7429 | 3.6249 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 4.20 | 44.00 | 100.00 |
| Coverage ratio | 3.60 | 5.30 | 2.92 | 3.73 |
(2) Series Offered : 2.75% 15 Apr 2037
| 19 Jun #952 | 12 Dec #931 | 5 Dec #930 | 14 Nov #927 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 175 | 25 | 50 | 50 |
| Total Amount Allocated ($million) | 175 | 25 | 50 | 50 |
| Total Number of Bids Received | 45 | 15 | 22 | 27 |
| Total Amount of Bids Received ($million) | 622 | 93 | 141 | 206 |
| Total Number of Successful Bids | 11 | 2 | 10 | 9 |
| Highest Yield Accepted (%) | 4.8000 | 4.6525 | 4.6250 | 4.9350 |
| Lowest Yield Accepted (%) | 4.7875 | 4.6425 | 4.5950 | 4.9150 |
| Highest Yield Rejected (%) | 4.8650 | 4.7175 | 4.6975 | 4.9950 |
| Lowest Yield Rejected (%) | 4.8000 | 4.6575 | 4.6250 | 4.9350 |
| Weighted Average Accepted Yield (%) | 4.7953 | 4.6445 | 4.6118 | 4.9252 |
| Weighted Average Rejected Yield (%) | 4.8219 | 4.6844 | 4.6493 | 4.9633 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 20.70 | 100.00 | 50.00 | 71.40 |
| Coverage ratio | 3.55 | 3.72 | 2.82 | 4.12 |
(3) Series Offered : 2.75% 15 May 2051
| 19 Jun #952 | 8 May #946 | 5 Feb #935 | Aug 29 #917 | |
| 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 | 23 | 32 | 35 | 17 |
| Total Amount of Bids Received ($million) | 176 | 172 | 209 | 76 |
| Total Number of Successful Bids | 2 | 13 | 7 | 11 |
| Highest Yield Accepted (%) | 5.2525 | 5.1350 | 5.0875 | 4.7475 |
| Lowest Yield Accepted (%) | 5.2475 | 5.1000 | 5.0825 | 4.7125 |
| Highest Yield Rejected (%) | 5.3375 | 5.1950 | 5.1700 | 4.8050 |
| Lowest Yield Rejected (%) | 5.2525 | 5.1350 | 5.0900 | 4.7450 |
| Weighted Average Accepted Yield (%) | 5.2495 | 5.1148 | 5.0855 | 4.7246 |
| Weighted Average Rejected Yield (%) | 5.2974 | 5.1522 | 5.1236 | 4.7577 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 66.70 | 25.00 | 100.00 | 33.30 |
| Coverage ratio | 5.52 | 3.44 | 4.18 | 1.52 |
*Individual allotments may vary due to rounding.
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