Bonds
Latest bond tender of NZ$120 mln received bids for NZ$532 mln with 10 year bonds yielding an average of 3.2105%
28th Apr 13, 11:08am
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 492 held on April 26, 2013.
Tender Date: Fri, 26 Apr 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wed, 1 May 2013
| Series Offered | 5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 120 |
| Total Amount Allocated ($million) | 120 |
| Total Number of Bids Received | 36 |
| Total Amount of Bids Received ($million) | 532 |
| Total Number of Successful Bids | 15 |
| Highest Yield Accepted (%) | 3.235 |
| Lowest Yield Accepted (%) | 3.190 |
| Highest Yield Rejected (%) | 3.320 |
| Lowest Yield Rejected (%) | 3.240 |
| Weighted Average Accepted Yield (%) | 3.2105 |
| Weighted Average Rejected Yield (%) | 3.2674 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60 |
| Coverage ratio | 4.4333 |
*Individual allotments may vary due to rounding.
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