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NZ Govt Bond Tender #999; Tender Date 2 Jul 2026
2nd Jul 26, 2:40pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 999 held on 2 Jul 2026
Tender Date: Thursday, 7 Jul 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 2 Jul 2025
(1) Series Offered : 4.50% 15 May 2030
| Jul 2- #992 | May 14- #992 | Apr 30- #990 | Apr 23- #989 | |
| Series Offered : 4.50% 14 Apr 2030 | ||||
| Total Amount Offered ($million) | 250 | 225 | 250 | 250 |
| Total Amount Allocated ($million) | 250 | 225 | 250 | 250 |
| Total Number of Bids Received | 44 | 43 | 53 | 40 |
| Total Amount of Bids Received ($million) | 1,115 | 880 | 946 | 1,043 |
| Total Number of Successful Bids | 15 | 14 | 11 | 9 |
| Highest Yield Accepted (%) | 3.7450 | 4.0500 | 4.0375 | .4.0075 |
| Lowest Yield Accepted (%) | 3.7350 | 4.0375 | 4.0275 | .4.0000 |
| Highest Yield Rejected (%) | 3.7850 | 4.1100 | 4.1250 | .4.0825 |
| Lowest Yield Rejected (%) | 3.7450 | 4.0500 | 4.0375 | .4.0075 |
| Weighted Average Accepted Yield (%) | 3.7410 | 4.0449 | 4.0322 | .4.0039 |
| Weighted Average Rejected Yield (%) | 3.7601 | 4.0707 | 4.0637 | .4.0369 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 34.70 | 66.70 | 87.50 | .82.40 |
| Coverage ratio | 4.46 | 3.91 | 3.78 | .4.17 |
(2) Series Offered : 4.25% 15 May 2036
| Jul 2- #992 | 29 May #994 | May 21 #993 | May 14 #992 | |
| Series Offered : 4.25% 15 May 2036 | ||||
| Total Amount Offered ($million) | 150 | 175 | 200 | 175 |
| Total Amount Allocated ($million) | 150 | 175 | 200 | 175 |
| Total Number of Bids Received | 41 | 43 | 38 | 48 |
| Total Amount of Bids Received ($million) | 649 | 670 | 465 | 691 |
| Total Number of Successful Bids | 13 | 11 | 18 | 12 |
| Highest Yield Accepted (%) | 4.4500 | 4.5325 | 4.7175 | 4.7150 |
| Lowest Yield Accepted (%) | 4.4400 | 4.5200 | 4.7050 | 4.7050 |
| Highest Yield Rejected (%) | 4.4800 | 4.5875 | 4.7650 | 4.7975 |
| Lowest Yield Rejected (%) | 4.4500 | 4.5325 | 4.7175 | 4.7150 |
| Weighted Average Accepted Yield (%) | 4.4459 | 4.5274 | 4.7114 | 4.7121 |
| Weighted Average Rejected Yield (%) | 4.4677 | 4.5461 | 4.7386 | 4.7445 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 98.20 | 63.60 | 5.00 | 80.00 |
| Coverage ratio | 4.32 | 3.82 | 2.32 | 3.94 |
(3) Series Offered : 5.00% 15 May 2054
| Jul 2- #992 | 29 May #994 | May 7 #991 | Apr 16 #988 | |
| Series Offered : 5.00% 15 May 2054 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 33 | 26 | 31 | 41 |
| Total Amount of Bids Received ($million) | 203 | 119 | 221 | 207 |
| Total Number of Successful Bids | 11 | 12 | 17 | 9 |
| Highest Yield Accepted (%) | 5.1050 | 5.1375 | 5.1825 | 5.2550 |
| Lowest Yield Accepted (%) | 5.0900 | 5.1200 | 5.1600 | 5.2425 |
| Highest Yield Rejected (%) | 5.1500 | 5.1775 | 5.2325 | 5.3250 |
| Lowest Yield Rejected (%) | 5.1050 | 5.1375 | 5.1825 | 5.2550 |
| Weighted Average Accepted Yield (%) | 5.0981 | 5.1271 | 5.1730 | 5.2490 |
| Weighted Average Rejected Yield (%) | 5.1217 | 5.1569 | 5.2055 | 5.2845 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 47.80 | 40.00 | 7.70 | 62.50 |
| Coverage ratio | 4.06 | 2.38 | 4.42 | 4.14 |
*Individual allotments may vary due to rounding.
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