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NZ Govt Bond Tender #959; Tender Date 14 Aug 2025
14th Aug 25, 2:35pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 959 held on 14 Aug, 2025.
Tender Date: Thursday, 14 Aug, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 19 Aug 2025
(1) Series Offered : 3.00% 20 Apr 2029
| 14 Aug #959 | 24 Jul #956 | 10 Jul #954 | 19 Jun #952 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 200 | 225 | 250 | 225 |
| Total Amount Allocated ($million) | 200 | 225 | 250 | 225 |
| Total Number of Bids Received | 54 | 37 | 46 | 40 |
| Total Amount of Bids Received ($million) | 989 | 875 | 661 | 817 |
| Total Number of Successful Bids | 14 | 10 | 18 | 10 |
| Highest Yield Accepted (%) | 3.4775 | 3.6600 | 3.6550 | 3.7775 |
| Lowest Yield Accepted (%) | 3.4625 | 3.6400 | 3.6375 | 3.7650 |
| Highest Yield Rejected (%) | 3.5525 | 3.7200 | 3.7225 | 3.8625 |
| Lowest Yield Rejected (%) | 3.4775 | 3.6600 | 3.6550 | 3.7800 |
| Weighted Average Accepted Yield (%) | 3.4731 | 3.6511 | 3.6485 | 3.7719 |
| Weighted Average Rejected Yield (%) | 3.4966 | 3.6792 | 3.6747 | 3.8067 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 21.40 | 90.00 | 73.30 | 100.00 |
| Coverage ratio | 4.95 | 3.88 | 2.64 | 3.60 |
(2) Series Offered : 2.75% 15 Apr 2037
| 14 Aug #959 | 24 Jul #956 | 19 Jun #952 | 12 Dec #931 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 250 | 175 | 175 | 25 |
| Total Amount Allocated ($million) | 250 | 175 | 175 | 25 |
| Total Number of Bids Received | 62 | 42 | 45 | 15 |
| Total Amount of Bids Received ($million) | 788 | 486 | 622 | 93 |
| Total Number of Successful Bids | 20 | 26 | 11 | 2 |
| Highest Yield Accepted (%) | 4.6100 | 4.8100 | 4.8000 | 4.6525 |
| Lowest Yield Accepted (%) | 4.5925 | 4.7750 | 4.7875 | 4.6425 |
| Highest Yield Rejected (%) | 4.6875 | 4.8550 | 4.8650 | 4.7175 |
| Lowest Yield Rejected (%) | 4.6100 | 4.8100 | 4.8000 | 4.6575 |
| Weighted Average Accepted Yield (%) | 4.6050 | 4.7976 | 4.7953 | 4.6445 |
| Weighted Average Rejected Yield (%) | 4.6328 | 4.8294 | 4.8219 | 4.6844 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 65.80 | 41.70 | 20.70 | 100.00 |
| Coverage ratio | 3.15 | 2.77 | 3.55 | 3.72 |
*Individual allotments may vary due to rounding.
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