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NZ Govt Bond Tender #979; Tender Date 12 Feb 2026
12th Feb 26, 2:55pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 979 held on 12 Feb 2026
Tender Date: Thursday, 12 Feb 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 17 Feb 2025
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| Feb 12- #979 | Jan 29- #977 | Oct 9- #966 | Jan 30- #934 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 250 | 225 | 275 | 200 |
| Total Amount Allocated ($million) | 250 | 225 | 275 | 200 |
| Total Number of Bids Received | 46 | 54 | 41 | 49 |
| Total Amount of Bids Received ($million) | 1,030 | 1,001 | 858 | 651 |
| Total Number of Successful Bids | 20 | 21 | 12 | 18 |
| Highest Yield Accepted (%) | 3.9850 | 4.0425 | 3.5225 | 4.1675 |
| Lowest Yield Accepted (%) | 3.9700 | 4.0225 | 3.5125 | 4.1350 |
| Highest Yield Rejected (%) | 4.0250 | 4.0925 | 3.6025 | 4.2600 |
| Lowest Yield Rejected (%) | 3.9850 | 4.0425 | 3.5225 | 4.1675 |
| Weighted Average Accepted Yield (%) | 3.9773 | 4.0359 | 3.5168 | 4.1588 |
| Weighted Average Rejected Yield (%) | .4.0005 | 4.0598 | 3.5432 | 4.1961 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 21.70 | 41.40 | 44.80 | 81.70 |
| Coverage ratio | 4.12 | 4.44 | 3.12 | 3.25 |
(2) Series Offered : 4.50% 15 May 2035
| Feb 12- #979 | Jan 22 #976 | Jan 15 #975 | Dec 4 #973 | |
| Series Offered : 4.50% 15 May 2035 | ||||
| Total Amount Offered ($million) | 200 | 225 | 250 | 225 |
| Total Amount Allocated ($million) | 200 | 225 | 250 | 225 |
| Total Number of Bids Received | 40 | 52 | 56 | 39 |
| Total Amount of Bids Received ($million) | 755 | 825 | 1,162 | 612 |
| Total Number of Successful Bids | 15 | 16 | 11 | 14 |
| Highest Yield Accepted (%) | 4.4350 | 4.4600 | 4.3200 | 4.3025 |
| Lowest Yield Accepted (%) | 4.4200 | 4.4450 | 4.3100 | 4.2875 |
| Highest Yield Rejected (%) | 4.4800 | 4.5450 | 4.3825 | 4.3725 |
| Lowest Yield Rejected (%) | 4.4375 | 4.4600 | 4.3200 | 4.3025 |
| Weighted Average Accepted Yield (%) | 4.4289 | 4.4526 | 4.3141 | 4.2953 |
| Weighted Average Rejected Yield (%) | 4.4553 | 4.4914 | 4.3469 | 4.3332 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 33.30 | 4.30 | 80.00 |
| Coverage ratio | 3.77 | 3.67 | 4.65 | 2.72 |
*Individual allotments may vary due to rounding.
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