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NZ Govt Bond Tender #980; Tender Date 19 Feb 2026
19th Feb 26, 2:40pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 980 held on 19 Feb 2026
Tender Date: Thursday, 19 Feb 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 24 Feb 2026
(1) Series Offered : 3.00% 20 Apr 2029
| 19 Feb #980 | 6 Nov #959 | 14 Aug #959 | 24 Jul #956 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 200 | 225 | 200 | 225 |
| Total Amount Allocated ($million) | 200 | 225 | 200 | 225 |
| Total Number of Bids Received | 30 | 54 | 54 | 37 |
| Total Amount of Bids Received ($million) | 887 | 894 | 989 | 875 |
| Total Number of Successful Bids | 12 | 13 | 14 | 10 |
| Highest Yield Accepted (%) | 3.3575 | 3.0725 | 3.4775 | 3.6600 |
| Lowest Yield Accepted (%) | 3.3500 | 3.0600 | 3.4625 | 3.6400 |
| Highest Yield Rejected (%) | 3.3900 | 3.1425 | 3.5525 | 3.7200 |
| Lowest Yield Rejected (%) | 3.3575 | 3.0725 | 3.4775 | 3.6600 |
| Weighted Average Accepted Yield (%) | 3.3546 | 3.0673 | 3.4731 | 3.6511 |
| Weighted Average Rejected Yield (%) | 3.3734 | 3.0974 | 3.4966 | 3.6792 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 34.20 | 55.60 | 21.40 | 90.00 |
| Coverage ratio | 4.43 | 3.97 | 4.95 | 3.88 |
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| 19 Feb #980 | Feb 12- #979 | Jan 29- #977 | Oct 9- #966 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 250 | 250 | 225 | 275 |
| Total Amount Allocated ($million) | 250 | 250 | 225 | 275 |
| Total Number of Bids Received | 52 | 46 | 54 | 41 |
| Total Amount of Bids Received ($million) | 881 | 1,030 | 1,001 | 858 |
| Total Number of Successful Bids | 24 | 20 | 21 | 12 |
| Highest Yield Accepted (%) | 4.2950 | 3.9850 | 4.0425 | 3.5225 |
| Lowest Yield Accepted (%) | 4.2700 | 3.9700 | 4.0225 | 3.5125 |
| Highest Yield Rejected (%) | 4.3375 | 4.0250 | 4.0925 | 3.6025 |
| Lowest Yield Rejected (%) | 4.2950 | 3.9850 | 4.0425 | 3.5225 |
| Weighted Average Accepted Yield (%) | 4.2829 | 3.9773 | 4.0359 | 3.5168 |
| Weighted Average Rejected Yield (%) | 4.3107 | .4.0005 | 4.0598 | 3.5432 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 55.60 | 21.70 | 41.40 | 44.80 |
| Coverage ratio | 3.52 | 4.12 | 4.44 | 3.12 |
*Individual allotments may vary due to rounding.
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