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NZ Govt Bond Tender #964; Tender Date 25 Sep 2025
25th Sep 25, 2:35pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 964 held on 25 Sep, 2025.
Tender Date: Thursday, 25 Sep, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 25 Sep 2025
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Sep 25 #964 | Sep 18 #963 | Sep 4 #962 | Aug 28 #961 | |
| Series Offered : 4.50% 15 May 2030 | ||||
| Total Amount Offered ($million) | 250 | 225 | 225 | 250 |
| Total Amount Allocated ($million) | 250 | 225 | 225 | 250 |
| Total Number of Bids Received | 54 | 60 | 52 | 48 |
| Total Amount of Bids Received ($million) | 1,140 | 768 | 986 | 1,475 |
| Total Number of Successful Bids | 15 | 18 | 11 | 11 |
| Highest Yield Accepted (%) | 3.4025 | 3.4300 | 3.6100 | 3.5800 |
| Lowest Yield Accepted (%) | 3.3950 | 3.4175 | 3.6025 | 3.5700 |
| Highest Yield Rejected (%) | 3.4375 | 3.5450 | 3.7075 | 3.6425 |
| Lowest Yield Rejected (%) | 3.4025 | 3.4300 | 3.6100 | 3.5800 |
| Weighted Average Accepted Yield (%) | 3.4000 | 3.4232 | 3.6058 | 3.5760 |
| Weighted Average Rejected Yield (%) | 3.4158 | 3.4480 | 3.6282 | 3.5955 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 65.20 | 27.30 | 71.40 | 17.60 |
| Coverage ratio | 4.56 | 3.41 | 4.38 | 5.90 |
(2) Series Offered : 3.50% 14 Apr 2033
| Sep 25 #964 | 23 May #948 | 27 Feb #937 | 15 Jan #932 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 200 | 150 | 225 | 175 |
| Total Amount Allocated ($million) | 200 | 150 | 225 | 175 |
| Total Number of Bids Received | 58 | 32 | 37 | 44 |
| Total Amount of Bids Received ($million) | 901 | 500 | 530 | 576 |
| Total Number of Successful Bids | 18 | 15 | 21 | 18 |
| Highest Yield Accepted (%) | 3.9850 | 4.4500 | 4.4550 | 4.6000 |
| Lowest Yield Accepted (%) | 3.9725 | 4.4300 | 4.4125 | 4.5850 |
| Highest Yield Rejected (%) | 4.0275 | 4.4950 | 4.5300 | 4.6700 |
| Lowest Yield Rejected (%) | 3.9850 | 4.4500 | 4.4550 | 4.6000 |
| Weighted Average Accepted Yield (%) | 3.9823 | 4.4420 | 4.4339 | 4.5932 |
| Weighted Average Rejected Yield (%) | 3.9996 | 4.4718 | 4.4836 | 4.6244 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 51.90 | 60.00 | 14.30 | 25.50 |
| Coverage ratio | 4.50 | 3.33 | 2.35 | 3.29 |
*Individual allotments may vary due to rounding.
*Individual allotments may vary due to rounding.
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