The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 1014 held on 22 Oct 2026
Tender Date: Thursday, 22 Oct 2026
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 28 Oct 2026
(1) Nominal Bonds - Series Offered : 1.50% 15 May 2031
Oct 22- #1014 | Oct 1- #1011 | Sep 24- #1010 | Sep 10- #1008 | |
| Series Offered : 1.50% 15 May 2031 |
| |||
| Total Amount Offered ($million) | 250 | 250 | 250 | 225 |
| Total Amount Allocated ($million) | 250 | 250 | 250 | 225 |
| Total Number of Bids Received | 39 | 39 | 35 | 32 |
| Total Amount of Bids Received ($million) | 995 | 1,250 | 1,125 | 662 |
| Total Number of Successful Bids | 10 | 14 | 11 | 13 |
| Highest Yield Accepted (%) | 4.4775 | 4.5475 | 4.5750 | 4.3100 |
| Lowest Yield Accepted (%) | 4.4725 | 4.5375 | 4.5700 | 4.2900 |
| Highest Yield Rejected (%) | 4.5400 | 4.6175 | 4.6375 | 4.3900 |
| Lowest Yield Rejected (%) | 4.4775 | 4.5475 | 4.5750 | 4.3100 |
| Weighted Average Accepted Yield (%) | 4.4750 | 4.5438 | 4.5734 | 4.3020 |
| Weighted Average Rejected Yield (%) | 4.4994 | 4.5682 | 4.5995 | 4.3398 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 31.60 | 52.40 | 87.10 | 76.70 |
| Coverage ratio | 3.98 | 5.00 | 4.50 | 2.94 |
(2) Series Offered : 4.25% 15 May 2036
Oct 22- #1014 | 8 Oct #1012 | 10 Sep #1008 | 13 Aug #1004 | |
| Series Offered : 4.25% 15 May 2036 | ||||
| Total Amount Offered ($million) | 200 | 200 | 175 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 175 | 200 |
| Total Number of Bids Received | 42 | 52 | 29 | 44 |
| Total Amount of Bids Received ($million) | 763 | 847 | 605 | 734 |
| Total Number of Successful Bids | 10 | 14 | 17 | 16 |
| Highest Yield Accepted (%) | 4.9975 | 5.0975 | 4.8900 | 4.6850 |
| Lowest Yield Accepted (%) | 4.9900 | 5.0800 | 4.8600 | 4.6700 |
| Highest Yield Rejected (%) | 5.0625 | 5.1775 | 4.9500 | 4.7475 |
| Lowest Yield Rejected (%) | 4.9975 | 5.1000 | 4.8900 | 4.6850 |
| Weighted Average Accepted Yield (%) | 4.9948 | 5.0943 | 4.8803 | 4.6758 |
| Weighted Average Rejected Yield (%) | 5.0236 | 5.1287 | 4.9146 | 4.7085 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 88.90 | 100.00 | 33.30 | 4.42 |
| Coverage ratio | 3.81 | 4.23 | 3.45 | 3.67 |
*Individual allotments may vary due to rounding.
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