Bonds
Latest bond tender of NZ$200 mln received bids for NZ$640 mln with an average weighted yield of 4.5557% (previously 4.5503%)
10th Oct 13, 2:11pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 505 held on October 10, 2013.
Tender Date: Thu, 10 October 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 15 October 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 200 | 300 |
| Total Amount Allocated ($million) | 200 | 300 |
| Total Number of Bids Received | 41 | 44 |
| Total Amount of Bids Received ($million) | 640 | 602 |
| Total Number of Successful Bids | 18 | 24 |
| Highest Yield Accepted (%) | 4.570 | 4.580 |
| Lowest Yield Accepted (%) | 4.540 | 4.510 |
| Highest Yield Rejected (%) | 4.800 | 4.750 |
| Lowest Yield Rejected (%) | 4.570 | 4.580 |
| Weighted Average Accepted Yield (%) | 4.5557 | 4.5503 |
| Weighted Average Rejected Yield (%) | 4.6411 | 4.6196 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 10 | 48 |
| Coverage ratio | 3.2 | 2.0067 |
*Individual allotments may vary due to rounding.
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