Bonds
Latest bond tender of NZ$300 mln received bids for NZ$602 mln with an average weighted yield of 4.5503% (previously 4.3543%)
19th Sep 13, 2:22pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 503 held on September 19, 2013.
Tender Date: Thu, 19 September 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 24 September 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 300 | 300 |
| Total Amount Allocated ($million) | 300 | 300 |
| Total Number of Bids Received | 44 | 54 |
| Total Amount of Bids Received ($million) | 602 | 815 |
| Total Number of Successful Bids | 24 | 29 |
| Highest Yield Accepted (%) | 4.580 | 4.390 |
| Lowest Yield Accepted (%) | 4.510 | 4.290 |
| Highest Yield Rejected (%) | 4.750 | 4.500 |
| Lowest Yield Rejected (%) | 4.580 | 4.390 |
| Weighted Average Accepted Yield (%) | 4.5503 | 4.3543 |
| Weighted Average Rejected Yield (%) | 4.6196 | 4.4522 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 48 | 61 |
| Coverage ratio | 2.0067 | 2.7167 |
*Individual allotments may vary due to rounding.
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