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NZ Govt Bond Tender #997; Tender Date 18 Jun 2026
18th Jun 26, 2:40pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 997 held on 18 Jun 2026
Tender Date: Thursday, 18 Jun 2026.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 23 Jun 2026
(1) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| 18 Jun #997 | 16 Oct #967 | 5 Feb #935 | 21 Nov #928 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 250 | 225 | 225 | 225 |
| Total Amount Allocated ($million) | 250 | 225 | 225 | 225 |
| Total Number of Bids Received | 28 | 41 | 51 | 31 |
| Total Amount of Bids Received ($million) | 845 | 904 | 882 | 385 |
| Total Number of Successful Bids | 11 | 9 | 10 | 25 |
| Highest Yield Accepted (%) | 4.0175 | 3.6050 | 4.2600 | 4.5675 |
| Lowest Yield Accepted (%) | 4.0100 | 3.5925 | 4.2500 | 4.5175 |
| Highest Yield Rejected (%) | 4.0725 | 3.6750 | 4.3350 | 4.6200 |
| Lowest Yield Rejected (%) | 4.0175 | 3.6050 | 4.2600 | 4.5675 |
| Weighted Average Accepted Yield (%) | 4.0125 | 3.5982 | 4.2563 | 4.5419 |
| Weighted Average Rejected Yield (%) | 4.0336 | 3.6192 | 4.2799 | 4.5830 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 35.70 | 26.10 | 47.60 | 12.50 |
| Coverage ratio | 3.38 | 4.02 | 3.92 | 1.71 |
(2) Series Offered : 4.25% 15 May 2034
| 18 Jun #997 | Apr 23- #989 | Apr 9- #987 | Mar 12- #983 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 200 | 150 | 175 | 150 |
| Total Amount Allocated ($million) | 200 | 150 | 175 | 150 |
| Total Number of Bids Received | 29 | 35 | 47 | 37 |
| Total Amount of Bids Received ($million) | 735 | 444 | 486 | 576 |
| Total Number of Successful Bids | 7 | 11 | 19 | 14 |
| Highest Yield Accepted (%) | 4.2225 | 4.5550 | 4.5600 | 4.4700 |
| Lowest Yield Accepted (%) | 4.2150 | 4.5300 | 4.5325 | 4.4600 |
| Highest Yield Rejected (%) | 4.2900 | 4.6275 | 4.6600 | 4.5125 |
| Lowest Yield Rejected (%) | 4.2225 | 4.5550 | 4.5600 | 4.4700 |
| Weighted Average Accepted Yield (%) | 4.2184 | 4.5453 | 4.5478 | 4.4643 |
| Weighted Average Rejected Yield (%) | 4.2456 | 4.5774 | 4.5972 | 4.4928 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50.00 | 50.00 | 83.30 | 27.30 |
| Coverage ratio | 3.67 | 2.96 | 2.77 | 3.84 |
*Individual allotments may vary due to rounding.
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