Bonds
Latest Tender Results - LGFA Bond Tender Number 19
2nd Apr 14, 2:59pm
by
The LGFA has announced the results of LGFA Bond tender number 19 held on 2 April 2014.
Tender Date: Wed, 2 April 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 7 April 2014
| Series Offered |
5.00% 15 Mar 2019 |
6.00% 15 May 2021 |
5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 10 | 40 | 65 |
| Total Amount Allocated ($million) | 10 | 40 | 65 |
| Total Number of Bids Received | 7 | 10 | 44 |
| Total Amount of Bids Received ($million) | 36 | 48 | 201 |
| Total Number of Successful Bids | 4 | 9 | 15 |
| Highest Yield Accepted (%) | 4.850 | 5.390 | 5.520 |
| Lowest Yield Accepted (%) | 4.820 | 5.210 | 5.445 |
| Highest Yield Rejected (%) | 4.870 | 5.490 | 5.600 |
| Lowest Yield Rejected (%) | 4.850 | 5.390 | 5.520 |
| Weighted Average Accepted Yield (%) | 4.8320 | 5.2505 | 5.4802 |
| Weighted Average Rejected Yield (%) | 4.8631 | 5.4525 | 5.5506 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 33 | 40 | 70 |
| Coverage Ratio | 3.6 | 1.2 | 3.092 |
*Individual allotments may vary due to rounding.
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