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NZ Govt Bond Tender #982; Tender Date 5 Mar 2026
5th Mar 26, 2:45pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 982 held on 5 Mar 2026
Tender Date: Thursday, 5 Mar 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 10 Mar 2025
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| Mar 5- #982 | Feb 26- #981 | Feb 12- #979 | Jan 29- #977 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 250 | 250 | 250 | 225 |
| Total Amount Allocated ($million) | 250 | 250 | 250 | 225 |
| Total Number of Bids Received | 48 | 53 | 46 | 54 |
| Total Amount of Bids Received ($million) | 1,244 | 1,238 | 1,030 | 1,001 |
| Total Number of Successful Bids | 13 | 22 | 20 | 21 |
| Highest Yield Accepted (%) | 3.8975 | 3.7950 | 3.9850 | 4.0425 |
| Lowest Yield Accepted (%) | 3.8850 | 3.7800 | 3.9700 | 4.0225 |
| Highest Yield Rejected (%) | 3.9525 | 3.8425 | 4.0250 | 4.0925 |
| Lowest Yield Rejected (%) | 3.8975 | 3.7950 | 3.9850 | 4.0425 |
| Weighted Average Accepted Yield (%) | 3.8914 | 3.7906 | 3.9773 | 4.0359 |
| Weighted Average Rejected Yield (%) | 3.9156 | 3.8142 | .4.0005 | 4.0598 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 59.10 | 39.50 | 21.70 | 41.40 |
| Coverage ratio | 4.97 | 4.95 | 4.12 | 4.44 |
(2) Series Offered : 4.50% 15 May 2035
| Mar 5- #982 | Feb 19- #980 | Feb 12- #979 | Jan 22 #976 | |
| Series Offered : 4.50% 15 May 2035 | ||||
| Total Amount Offered ($million) | 200 | 250 | 200 | 225 |
| Total Amount Allocated ($million) | 200 | 250 | 200 | 225 |
| Total Number of Bids Received | 48 | 30 | 40 | 52 |
| Total Amount of Bids Received ($million) | 716 | 887 | 755 | 825 |
| Total Number of Successful Bids | 22 | 12 | 15 | 16 |
| Highest Yield Accepted (%) | 4.3650 | 3.3575 | 4.4350 | 4.4600 |
| Lowest Yield Accepted (%) | 4.3425 | 3.3500 | 4.4200 | 4.4450 |
| Highest Yield Rejected (%) | 4.4450 | 3.3900 | 4.4800 | 4.5450 |
| Lowest Yield Rejected (%) | 4.3650 | 3.3575 | 4.4375 | 4.4600 |
| Weighted Average Accepted Yield (%) | 4.3548 | 3.3546 | 4.4289 | 4.4526 |
| Weighted Average Rejected Yield (%) | 4.3915 | 3.3734 | 4.4553 | 4.4914 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 64.10 | 34.20 | 100.00 | 33.30 |
| Coverage ratio | 3.58 | 4.43 | 3.77 | 3.67 |
*Individual allotments may vary due to rounding.
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