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NZ Govt Bond Tender #957; Tender Date 31 Jul 2025
31st Jul 25, 2:50pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 957 held on 31 Jul, 2025.
Tender Date: Thursday, 31 Jul, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 5 Aug 2025
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Jul 31 #957 | Jul 17 #955 | Jun 12 #951 | May 29 #949 | |
| Series Offered : 4.50% 15 May 2030 | ||||
| Total Amount Offered ($million) | 275 | 200 | 250 | 225 |
| Total Amount Allocated ($million) | 275 | 200 | 250 | 225 |
| Total Number of Bids Received | 69 | 38 | 64 | 48 |
| Total Amount of Bids Received ($million) | 1,347 | 736 | 1,075 | 796 |
| Total Number of Successful Bids | 22 | 16 | 22 | 11 |
| Highest Yield Accepted (%) | 3.8175 | 3.8525 | 3.9250 | 4.0050 |
| Lowest Yield Accepted (%) | 3.7900 | 3.8275 | 3.9000 | 3.9875 |
| Highest Yield Rejected (%) | 3.8625 | 3.9050 | 4.0150 | 4.1150 |
| Lowest Yield Rejected (%) | 3.8175 | 3.8525 | 3.9250 | 4.0050 |
| Weighted Average Accepted Yield (%) | 3.8083 | 3.8413 | 3.9172 | 3.9948 |
| Weighted Average Rejected Yield (%) | 3.8307 | 3.8629 | 3.9479 | 4.0453 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 12.30 | 5.90 | 65.40 | 18.20 |
| Coverage ratio | 4.89 | 3.68 | 4.30 | 3.53 |
(2) Series Offered : 4.25% 15 May 2034
| Jul 31 #957 | May 1 #945 | Apr 10 #942 | Mar 13 #939 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 175 | 150 | 275 | 200 |
| Total Amount Allocated ($million) | 175 | 150 | 275 | 200 |
| Total Number of Bids Received | 66 | 49 | 53 | 50 |
| Total Amount of Bids Received ($million) | 651 | 458 | 960 | 1,010 |
| Total Number of Successful Bids | 15 | 17 | 7 | 11 |
| Highest Yield Accepted (%) | 4.4100 | 4.3725 | 3.4950 | 4.5900 |
| Lowest Yield Accepted (%) | 4.3950 | 4.3525 | 3.4875 | 4.5825 |
| Highest Yield Rejected (%) | 4.4650 | 4.4850 | 3.6125 | 4.6750 |
| Lowest Yield Rejected (%) | 4.4100 | 4.3725 | 3.4950 | 4.5900 |
| Weighted Average Accepted Yield (%) | 4.4053 | 4.3646 | 3.4929 | 4.5881 |
| Weighted Average Rejected Yield (%) | 4.4363 | 4.4104 | 3.5383 | 4.6157 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 52.90 | 77.50 | 72.00 | 81.50 |
| Coverage ratio | 3.72 | 3.05 | 3.49 | 5.05 |
*Individual allotments may vary due to rounding.
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