Bonds
Latest bond tender of NZ$200 mln received bids for NZ$1,304 mln with an average weighted yield of 4.3645% (previously 4.5557%)
24th Oct 13, 2:13pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 506 held on October 24, 2013.
Tender Date: Thu, 24 October 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wed, 30 October 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 |
| Total Number of Bids Received | 77 | 41 |
| Total Amount of Bids Received ($million) | 1,304 | 640 |
| Total Number of Successful Bids | 9 | 18 |
| Highest Yield Accepted (%) | 4.370 | 4.570 |
| Lowest Yield Accepted (%) | 4.355 | 4.540 |
| Highest Yield Rejected (%) | 4.510 | 4.800 |
| Lowest Yield Rejected (%) | 4.370 | 4.570 |
| Weighted Average Accepted Yield (%) | 4.3645 | 4.5557 |
| Weighted Average Rejected Yield (%) | 4.3992 | 4.6411 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 72 | 10 |
| Coverage ratio | 6.52 | 3.2 |
*Individual allotments may vary due to rounding.
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