Bonds
Latest Tender Results - LGFA Bond Tender Number 22
13th Aug 14, 2:29pm
by
The LGFA has announced the results of LGFA Bond tender number 22 held on 13 August 2014.
Tender Date: Wed, 13 August 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 18 August 2014
| Series Offered |
3.00% 15 Mar 2020 |
6.00% 15 May 2021 |
5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 110 | 10 | 165 |
| Total Amount Allocated ($million) | 110 | 10 | 165 |
| Total Number of Bids Received | 56 | 7 | 67 |
| Total Amount of Bids Received ($million) | 286 | 36 | 353 |
| Total Number of Successful Bids | 34 | 5 | 37 |
| Highest Yield Accepted (%) | 4.760 | 4.890 | 5.120 |
| Lowest Yield Accepted (%) | 4.700 | 4.870 | 5.020 |
| Highest Yield Rejected (%) | 4.850 | 4.920 | 5.190 |
| Lowest Yield Rejected (%) | 4.760 | 4.890 | 5.120 |
| Weighted Average Accepted Yield (%) | 4.7342 | 4.8840 | 5.0890 |
| Weighted Average Rejected Yield (%) | 4.7967 | 4.8996 | 5.1501 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 46.7 | 30.4 | 12.5 |
| Coverage Ratio | 2.6 | 3.6 | 2.1394 |
*Individual allotments may vary due to rounding.
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