Bonds
Latest bond tender of NZ$300 mln received bids for NZ$815 mln with an average weighted yield of 4.3543%
15th Aug 13, 2:37pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 501 held on August 15, 2013.
Tender Date: Thu, 15 August 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 20 August 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 300 | 300 |
| Total Amount Allocated ($million) | 300 | 300 |
| Total Number of Bids Received | 54 | 50 |
| Total Amount of Bids Received ($million) | 815 | 926 |
| Total Number of Successful Bids | 29 | 8 |
| Highest Yield Accepted (%) | 4.390 | 3.850 |
| Lowest Yield Accepted (%) | 4.290 | 3.820 |
| Highest Yield Rejected (%) | 4.500 | 4.040 |
| Lowest Yield Rejected (%) | 4.390 | 3.850 |
| Weighted Average Accepted Yield (%) | 4.3543 | 3.3834 |
| Weighted Average Rejected Yield (%) | 4.4522 | 3.9150 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 61 | 35 |
| Coverage ratio | 2.7167 | 3.0867 |
*Individual allotments may vary due to rounding.
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