Bonds
Latest Tender Results - LGFA Bond Tender Number 18
20th Feb 14, 8:19am
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Latest Tender Results - LGFA Bond Tender Number 18
The LGFA has announced the results of LGFA Bond tender number 18 held on 19 February 2014.
Tender Date: Wed, 19 Feb 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 24 Feb 2014
| Series Offered |
6.00% 15 Apr 2015 |
6.00% 15 Dec 2017 |
5.00% 15 Mar 2019 |
6.00% 15 May 2021 |
|---|---|---|---|---|
| Total Amount Offered ($million) | 10 | 20 | 10 | 135 |
| Total Amount Allocated ($million) | 10 | 20 | 10 | 135 |
| Total Number of Bids Received | 6 | 12 | 10 | 56 |
| Total Amount of Bids Received ($million) | 42 | 90 | 62 | 491 |
| Total Number of Successful Bids | 2 | 2 | 2 | 25 |
| Highest Yield Accepted (%) | 3.630 | 4.405 | 4.690 | 5.200 |
| Lowest Yield Accepted (%) | 3.630 | 4.400 | 4.690 | 5.135 |
| Highest Yield Rejected (%) | 3.720 | 4.495 | 4.790 | 5.320 |
| Lowest Yield Rejected (%) | 3.6300 | 4.410 | 4.690 | 5.200 |
| Weighted Average Accepted Yield (%) | 3.6300 | 4.4025 | 4.6900 | 5.1726 |
| Weighted Average Rejected Yield (%) | 3.6769 | 4.4431 | 4.7302 | 5.2506 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 83 | 100 | 83 | 97 |
| Coverage Ratio | 4.2 | 4.5 | 6.2 | 3.637 |
*Individual allotments may vary due to rounding.
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