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NZ Govt Bond Tender #990; Tender Date 30 Apr 2026
30th Apr 26, 2:40pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 990 held on 30 Apr 2026
Tender Date: Thursday, 30 Apr 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 5 May 2025
(1) Series Offered : 4.50% 15 May 2030
| Apr 30- #990 | Apr 23- #989 | Apr 2- #986 | Feb 5 #978 | |
| Series Offered : 4.50% 14 Apr 2030 | ||||
| Total Amount Offered ($million) | 250 | 250 | 225 | 225 |
| Total Amount Allocated ($million) | 250 | 250 | 225 | 225 |
| Total Number of Bids Received | 53 | 40 | 59 | 53 |
| Total Amount of Bids Received ($million) | 946 | 1,043 | 747 | 965 |
| Total Number of Successful Bids | 11 | 9 | 21 | 9 |
| Highest Yield Accepted (%) | 4.0375 | .4.0075 | .4.0000 | 3.7475 |
| Lowest Yield Accepted (%) | 4.0275 | .4.0000 | 3.9800 | 3.7350 |
| Highest Yield Rejected (%) | 4.1250 | .4.0825 | 4.0850 | 3.8175 |
| Lowest Yield Rejected (%) | 4.0375 | .4.0075 | 4.0000 | 3.7500 |
| Weighted Average Accepted Yield (%) | 4.0322 | .4.0039 | 3.9927 | 3.7422 |
| Weighted Average Rejected Yield (%) | 4.0637 | .4.0369 | 4.0268 | 3.7753 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 87.50 | .82.40 | 23.50 | 100.00 |
| Coverage ratio | 3.78 | .4.17 | 3.32 | 4.29 |
(2) Series Offered : 4.50% 15 May 2035
| Apr 30- #990 | Mar 5- #982 | Feb 19- #980 | Feb 12- #979 | |
| Series Offered : 4.50% 15 May 2035 | ||||
| Total Amount Offered ($million) | 150 | 200 | 250 | 200 |
| Total Amount Allocated ($million) | 150 | 200 | 250 | 200 |
| Total Number of Bids Received | 47 | 48 | 30 | 40 |
| Total Amount of Bids Received ($million) | 467 | 716 | 887 | 755 |
| Total Number of Successful Bids | 8 | 22 | 12 | 15 |
| Highest Yield Accepted (%) | 4.6450 | 4.3650 | 3.3575 | 4.4350 |
| Lowest Yield Accepted (%) | 4.6325 | 4.3425 | 3.3500 | 4.4200 |
| Highest Yield Rejected (%) | 4.7375 | 4.4450 | 3.3900 | 4.4800 |
| Lowest Yield Rejected (%) | 4.6450 | 4.3650 | 3.3575 | 4.4375 |
| Weighted Average Accepted Yield (%) | 4.6380 | 4.3548 | 3.3546 | 4.4289 |
| Weighted Average Rejected Yield (%) | 4.6756 | 4.3915 | 3.3734 | 4.4553 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 94.30 | 64.10 | 34.20 | 100.00 |
| Coverage ratio | 3.11 | 3.58 | 4.43 | 3.77 |
(3) Series Offered : 1.75% 15 May 2041
| Apr 30- #990 | Mar 19- #984 | Mar 12- #983 | Aug 21 #960 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 35 | 42 | 26 | 26 |
| Total Amount of Bids Received ($million) | 180 | 185 | 316 | 167 |
| Total Number of Successful Bids | 8 | 11 | 2 | 11 |
| Highest Yield Accepted (%) | 5.0600 | 5.0175 | 4.9900 | 4.8850 |
| Lowest Yield Accepted (%) | 5.0400 | 4.9975 | 4.9875 | 4.8775 |
| Highest Yield Rejected (%) | 5.1450 | 5.0675 | 5.0550 | 4.9450 |
| Lowest Yield Rejected (%) | 5.0600 | 5.0175 | 4.9950 | 4.8850 |
| Weighted Average Accepted Yield (%) | 5.0494 | 5.0071 | 4.9885 | 4.8811 |
| Weighted Average Rejected Yield (%) | 5.0940 | 5.0435 | 5.0137 | 4.9105 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40.00 | 18.80 | 100.00 | 43.81 |
| Coverage ratio | 3.60 | 3.70 | 6.32 | 3.34 |
*Individual allotments may vary due to rounding.
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