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NZ Govt Bond Tender #1003; Tender Date 6 Aug 2026
6th Aug 26, 2:35pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 1003 held on 6 Aug 2026
Tender Date: Thursday, 6 Aug 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 11 Aug 2026
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
| Aug 6- #1003 | Jun 9- #1000 | Jun 4- #995 | May 21- #993 | |
| Series Offered : 1.50% 15 May 2031 | ||||
| Total Amount Offered ($million) | 225 | 275 | 225 | 250 |
| Total Amount Allocated ($million) | 225 | 275 | 225 | 250 |
| Total Number of Bids Received | 40 | 47 | 49 | 39 |
| Total Amount of Bids Received ($million) | 1392 | 1,001 | 1,400 | 641 |
| Total Number of Successful Bids | 9 | 16 | 13 | 17 |
| Highest Yield Accepted (%) | 4.1150 | 4.0175 | 4.0350 | 4.2125 |
| Lowest Yield Accepted (%) | 4.1025 | 4.0100 | 4.0275 | 4.1950 |
| Highest Yield Rejected (%) | 4.1700 | 4.1200 | 4.0875 | 4.2625 |
| Lowest Yield Rejected (%) | 4.1150 | 4.0175 | 4.0350 | 4.2125 |
| Weighted Average Accepted Yield (%) | 4.1103 | 4.0127 | 4.0316 | 4.2052 |
| Weighted Average Rejected Yield (%) | 4.1336 | 4.0506 | 4.0538 | 4.2310 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 30.00 | 27.30 | 28.60 | 22.20 |
| Coverage ratio | 4.0 | 3.64 | 6.22 | 2.56 |
(2) Series Offered : 4.25% 15 May 2036
| Aug 6- #1002 | Jul 23- #1001 | Jul 2- #992 | 29 May #994 | |
| Series Offered : 4.25% 15 May 2036 | ||||
| Total Amount Offered ($million) | 175 | 150 | 150 | 175 |
| Total Amount Allocated ($million) | 175 | 150 | 150 | 175 |
| Total Number of Bids Received | 53 | 40 | 41 | 43 |
| Total Amount of Bids Received ($million) | 780 | 567 | 649 | 670 |
| Total Number of Successful Bids | 15 | 20 | 13 | 11 |
| Highest Yield Accepted (%) | 4.6800 | 4.7150 | 4.4500 | 4.5325 |
| Lowest Yield Accepted (%) | 4.6700 | 4.6950 | 4.4400 | 4.5200 |
| Highest Yield Rejected (%) | 4.7275 | 4.7700 | 4.4800 | 4.5875 |
| Lowest Yield Rejected (%) | 4.6800 | 4.7150 | 4.4500 | 4.5325 |
| Weighted Average Accepted Yield (%) | 4.6754 | 4.7085 | 4.4459 | 4.5274 |
| Weighted Average Rejected Yield (%) | 4.7026 | 4.7391 | 4.4677 | 4.5461 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 20.00 | 48.60 | 98.20 | 63.60 |
| Coverage ratio | 4.45 | 3.78 | 4.32 | 3.82 |
(3) Series Offered : 5.00% 15 May 2054
| Aug 6- #1002 | Jul 23- #1001 | 29 May #994 | May 7 #991 | |
| 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 | 49 | 32 | 26 | 31 |
| Total Amount of Bids Received ($million) | 194 | 187 | 119 | 221 |
| Total Number of Successful Bids | 14 | 12 | 12 | 17 |
| Highest Yield Accepted (%) | 5.2950 | 5.3175 | 5.1375 | 5.1825 |
| Lowest Yield Accepted (%) | 5.2775 | 5.3100 | 5.1200 | 5.1600 |
| Highest Yield Rejected (%) | 5.3625 | 5.4075 | 5.1775 | 5.2325 |
| Lowest Yield Rejected (%) | 5.2950 | 5.3175 | 5.1375 | 5.1825 |
| Weighted Average Accepted Yield (%) | 5.2850 | 5.3140 | 5.1271 | 5.1730 |
| Weighted Average Rejected Yield (%) | 5.3282 | 5.3510 | 5.1569 | 5.2055 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 5.32 | 58.80 | 40.00 | 7.70 |
| Coverage ratio | 50.00 | 3.74 | 2.38 | 4.42 |
*Individual allotments may vary due to rounding.
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