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NZ Govt Bond Tender #993; Tender Date 21 May 2026
21st May 26, 2:40pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 993 held on 21 May 2026
Tender Date: Thursday, 21 May 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 26 May 2026
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| May 21- #993 | May 7- #991 | Apr 16- #988 | Apr 9- #987 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 250 | 225 | 225 | 275 |
| Total Amount Allocated ($million) | 250 | 225 | 225 | 275 |
| Total Number of Bids Received | 39 | 57 | 47 | 51 |
| Total Amount of Bids Received ($million) | 641 | 972 | 1,314 | 803 |
| Total Number of Successful Bids | 17 | 12 | 10 | 16 |
| Highest Yield Accepted (%) | 4.2125 | 4.1200 | 4.1575 | 4.2400 |
| Lowest Yield Accepted (%) | 4.1950 | 4.1100 | 4.1525 | 4.2225 |
| Highest Yield Rejected (%) | 4.2625 | 4.2025 | 4.2150 | 4.3400 |
| Lowest Yield Rejected (%) | 4.2125 | 4.1200 | 4.1575 | 4.2400 |
| Weighted Average Accepted Yield (%) | 4.2052 | 4.1153 | 4.1548 | 4.2318 |
| Weighted Average Rejected Yield (%) | 4.2310 | 4.1521 | 4.1723 | 4.2781 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 22.20 | 18.50 | 3.60 | 45.50 |
| Coverage ratio | 2.56 | 4.32 | 5.84 | 2.92 |
(2) Series Offered : 4.25% 15 May 2036
| May 21- #993 | May 14- #992 | May 7- #991 | Apr 16- #988 | |
| Series Offered : 4.25% 15 May 2036 | ||||
| Total Amount Offered ($million) | 200 | 175 | 175 | 175 |
| Total Amount Allocated ($million) | 200 | 175 | 175 | 175 |
| Total Number of Bids Received | 38 | 48 | 56 | 44 |
| Total Amount of Bids Received ($million) | 465 | 691 | 702 | 566 |
| Total Number of Successful Bids | 18 | 12 | 12 | 22 |
| Highest Yield Accepted (%) | 4.7175 | 4.7150 | 4.6150 | 4.6750 |
| Lowest Yield Accepted (%) | 4.7050 | 4.7050 | 4.6050 | 4.6450 |
| Highest Yield Rejected (%) | 4.7650 | 4.7975 | 4.6950 | 4.7700 |
| Lowest Yield Rejected (%) | 4.7175 | 4.7150 | 4.6150 | 4.6750 |
| Weighted Average Accepted Yield (%) | 4.7114 | 4.7121 | 4.6102 | 4.6666 |
| Weighted Average Rejected Yield (%) | 4.7386 | 4.7445 | 4.6454 | 4.7087 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 5.00 | 80.00 | 70.00 | 28.00 |
| Coverage ratio | 2.32 | 3.94 | 4.01 | 3.23 |
*Individual allotments may vary due to rounding.
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