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NZ Govt Bond Tender #969; Tender Date 30 Oct 2025
30th Oct 25, 2:50pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 969 held on 30 Oct, 2025.
Tender Date: Thursday, 30 Oct, 2025.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 4 Nov 2025
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Oct 30 #969 | Oct 23 #968 | Oct 2 #965 | Sep 25 #964 | |
| Series Offered : 4.50% 15 May 2030 | ||||
| Total Amount Offered ($million) | 250 | 225 | 250 | 250 |
| Total Amount Allocated ($million) | 250 | 225 | 250 | 250 |
| Total Number of Bids Received | 52 | 55 | 50 | 54 |
| Total Amount of Bids Received ($million) | 945 | 950 | 917 | 1,140 |
| Total Number of Successful Bids | 12 | 12 | 22 | 15 |
| Highest Yield Accepted (%) | 3.3050 | 3.1300 | 3.3500 | 3.4025 |
| Lowest Yield Accepted (%) | 3.2925 | 3.1200 | 3.3250 | 3.3950 |
| Highest Yield Rejected (%) | 3.3875 | 3.1950 | 3.4400 | 3.4375 |
| Lowest Yield Rejected (%) | 3.3050 | 3.1300 | 3.3500 | 3.4025 |
| Weighted Average Accepted Yield (%) | 3.2981 | 3.1250 | 3.3388 | 3.4000 |
| Weighted Average Rejected Yield (%) | 3.3366 | 3.1529 | 3.3736 | 3.4158 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 74.10 | 61.70 | 20.00 | 65.20 |
| Coverage ratio | 3.78 | 4.22 | 3.66 | 4.56 |
(2) Series Offered : 4.25% 15 May 2034
| Oct 30 #969 | Oct 9- #966 | Sep 18 #963 | Jul 31 #957 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 150 | 175 | 225 | 175 |
| Total Amount Allocated ($million) | 150 | 175 | 225 | 175 |
| Total Number of Bids Received | 51 | 43 | 64 | 66 |
| Total Amount of Bids Received ($million) | 1,007 | 1,090 | 725 | 651 |
| Total Number of Successful Bids | 4 | 5 | 23 | 15 |
| Highest Yield Accepted (%) | 4.0000 | 3.9950 | 4.1400 | 4.4100 |
| Lowest Yield Accepted (%) | 3.9975 | 3.9850 | 4.1200 | 4.3950 |
| Highest Yield Rejected (%) | 4.0850 | 4.0375 | 4.2500 | 4.4650 |
| Lowest Yield Rejected (%) | 4.0000 | 3.9950 | 4.1400 | 4.4100 |
| Weighted Average Accepted Yield (%) | 3.9997 | 3.9850 | 4.1284 | 4.4053 |
| Weighted Average Rejected Yield (%) | 4.0248 | 4.0375 | 4.1618 | 4.4363 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 65.00 | 4.01 | 4.30 | 52.90 |
| Coverage ratio | 6.71 | 6.22 | 3.22 | 3.72 |
(3) Series Offered : 5.00% 15 May 2054
| Oct 30 #969 | Oct 23 #968 | 16 Oct #967 | 24 Jul #956 | |
| Series Offered : 5.00% 15 May 2054 | ||||
| Total Amount Offered ($million) | 50 | 50 | 25 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 25 | 50 |
| Total Number of Bids Received | 36 | 47 | 21 | 35 |
| Total Amount of Bids Received ($million) | 223 | 237 | 146 | 181 |
| Total Number of Successful Bids | 10 | 10 | 1 | 14 |
| Highest Yield Accepted (%) | 5.0050 | 4.8750 | 4.9075 | 5.3000 |
| Lowest Yield Accepted (%) | 4.9950 | 4.8600 | 4.9075 | 5.2750 |
| Highest Yield Rejected (%) | 5.0700 | 4.9200 | 4.9600 | 5.3800 |
| Lowest Yield Rejected (%) | 5.0050 | 4.8750 | 4.9125 | 5.3025 |
| Weighted Average Accepted Yield (%) | 4.9993 | 4.8678 | 4.9075 | 5.2905 |
| Weighted Average Rejected Yield (%) | 5.0309 | 4.9025 | 4.9288 | 5.3234 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 62.50 | 72.70 | 100.00 | 100.00 |
| Coverage ratio | 4.46 | 4.74 | 5.84 | 3.62 |
*Individual allotments may vary due to rounding.
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