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NZ Govt Bond Tender #961; Tender Date 28 Aug 2025
28th Aug 25, 3:00pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 961 held on 28 Aug, 2025.
Tender Date: Thursday, 28 Aug, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 2 Sep 2025
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Aug 28 #961 | Aug 21 #960 | Aug 7 #958 | Jul 31 #957 | |
| Series Offered : 4.50% 15 May 2030 | ||||
| Total Amount Offered ($million) | 250 | 225 | 225 | 275 |
| Total Amount Allocated ($million) | 250 | 225 | 225 | 275 |
| Total Number of Bids Received | 48 | 60 | 56 | 69 |
| Total Amount of Bids Received ($million) | 1,475 | 900 | 1,177 | 1,347 |
| Total Number of Successful Bids | 11 | 13 | 13 | 22 |
| Highest Yield Accepted (%) | 3.5800 | 3.6100 | 3.7300 | 3.8175 |
| Lowest Yield Accepted (%) | 3.5700 | 3.5975 | 3.7150 | 3.7900 |
| Highest Yield Rejected (%) | 3.6425 | 3.7400 | 3.7825 | 3.8625 |
| Lowest Yield Rejected (%) | 3.5800 | 3.6100 | 3.7300 | 3.8175 |
| Weighted Average Accepted Yield (%) | 3.5760 | 3.6061 | 3.7231 | 3.8083 |
| Weighted Average Rejected Yield (%) | 3.5955 | 3.6449 | 3.7453 | 3.8307 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 17.60 | 83.30 | 18.00 | 12.30 |
| Coverage ratio | 5.90 | 4.00 | 5.23 | 4.89 |
(2) Series Offered : 4.50% 15 May 2035
| Aug 28 #961 | Aug 21 #960 | Aug 7 #958 | 10 Jul #954 | |
| Series Offered : 4.50% 15 May 2035 | ||||
| Total Amount Offered ($million) | 200 | 175 | 175 | 200 |
| Total Amount Allocated ($million) | 200 | 175 | 175 | 200 |
| Total Number of Bids Received | 42 | 45 | 43 | 39 |
| Total Amount of Bids Received ($million) | 920 | 545 | 548 | 699 |
| Total Number of Successful Bids | 9 | 23 | 13 | 12 |
| Highest Yield Accepted (%) | 4.3375 | 4.3700 | 4.4375 | 4.5250 |
| Lowest Yield Accepted (%) | 4.3300 | 4.3400 | 4.4175 | 4.5125 |
| Highest Yield Rejected (%) | 4.4100 | 4.4575 | 4.5075 | 4.5975 |
| Lowest Yield Rejected (%) | 4.3375 | 4.3700 | 4.4375 | 4.5250 |
| Weighted Average Accepted Yield (%) | 4.3334 | 4.3565 | 4.4281 | 4.5170 |
| Weighted Average Rejected Yield (%) | 4.3606 | 4.4006 | 4.4635 | 4.5479 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 77.80 | 60.00 | 24.00 | 57.90 |
| Coverage ratio | 4.60 | 3.11 | 3.13 | 3.49 |
*Individual allotments may vary due to rounding.
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