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NZ Govt Bond Tender #963; Tender Date 18 Sep 2025
18th Sep 25, 3:15pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 963 held on 18 Sep, 2025.
Tender Date: Thursday, 18 Sep, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 23 Sep 2025
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Sep 18 #963 | Sep 4 #962 | Aug 28 #961 | Aug 21 #960 | |
| Series Offered : 4.50% 15 May 2030 | ||||
| Total Amount Offered ($million) | 225 | 225 | 250 | 225 |
| Total Amount Allocated ($million) | 225 | 225 | 250 | 225 |
| Total Number of Bids Received | 60 | 52 | 48 | 60 |
| Total Amount of Bids Received ($million) | 768 | 986 | 1,475 | 900 |
| Total Number of Successful Bids | 18 | 11 | 11 | 13 |
| Highest Yield Accepted (%) | 3.4300 | 3.6100 | 3.5800 | 3.6100 |
| Lowest Yield Accepted (%) | 3.4175 | 3.6025 | 3.5700 | 3.5975 |
| Highest Yield Rejected (%) | 3.5450 | 3.7075 | 3.6425 | 3.7400 |
| Lowest Yield Rejected (%) | 3.4300 | 3.6100 | 3.5800 | 3.6100 |
| Weighted Average Accepted Yield (%) | 3.4232 | 3.6058 | 3.5760 | 3.6061 |
| Weighted Average Rejected Yield (%) | 3.4480 | 3.6282 | 3.5955 | 3.6449 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 27.30 | 71.40 | 17.60 | 83.30 |
| Coverage ratio | 3.41 | 4.38 | 5.90 | 4.00 |
(2) Series Offered : 4.25% 15 May 2034
| Sep 18 #963 | Jul 31 #957 | May 1 #945 | Apr 10 #942 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 225 | 175 | 150 | 275 |
| Total Amount Allocated ($million) | 225 | 175 | 150 | 275 |
| Total Number of Bids Received | 64 | 66 | 49 | 53 |
| Total Amount of Bids Received ($million) | 725 | 651 | 458 | 960 |
| Total Number of Successful Bids | 23 | 15 | 17 | 7 |
| Highest Yield Accepted (%) | 4.1400 | 4.4100 | 4.3725 | 3.4950 |
| Lowest Yield Accepted (%) | 4.1200 | 4.3950 | 4.3525 | 3.4875 |
| Highest Yield Rejected (%) | 4.2500 | 4.4650 | 4.4850 | 3.6125 |
| Lowest Yield Rejected (%) | 4.1400 | 4.4100 | 4.3725 | 3.4950 |
| Weighted Average Accepted Yield (%) | 4.1284 | 4.4053 | 4.3646 | 3.4929 |
| Weighted Average Rejected Yield (%) | 4.1618 | 4.4363 | 4.4104 | 3.5383 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 4.30 | 52.90 | 77.50 | 72.00 |
| Coverage ratio | 3.22 | 3.72 | 3.05 | 3.49 |
*Individual allotments may vary due to rounding.
*Individual allotments may vary due to rounding.
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