Bonds
Latest bond tender of NZ$300 mln 2027's received bids for NZ$824 mln with an average weighted yield of 4.09%
16th Oct 14, 2:17pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 529 held on October 16, 2014.
Tender Date: Thursday, October 16, 2014
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, October 21, 2014
| Oct 14 - #529 | Aug 14 - #525 | Jul 17 - #523 | Jun 19- #521 | May 16 - #520 | Apr 17- #518 | |
| Series Offered | 4.50% 15 Apr 2027 | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 300 | 200 | 200 | 300 | 200 | 200 |
| Total Amount Allocated ($million) | 300 | 200 | 200 | 300 | 200 | 200 |
| Total Number of Bids Received | 83 | 47 | 34 | 47 | 45 | 45 |
| Total Amount of Bids Received ($million) | 824 | 955 | 677 | 1,112 | 566 | 851 |
| Total Number of Successful Bids | 27 | 6 | 9 | 11 | 23 | 9 |
| Highest Yield Accepted (%) | 4.105 | 4.090 | 4.200 | 4.245 | 4.135 | 4.415 |
| Lowest Yield Accepted (%) | 4.080 | 4.085 | 4.180 | 4.215 | 4.090 | 4.395 |
| Highest Yield Rejected (%) | 4.260 | 4.160 | 4.350 | 4.320 | 4.220 | 4.495 |
| Lowest Yield Rejected (%) | 1.405 | 4.090 | 4.200 | 4.245 | 4.135 | 4.415 |
| Weighted Average Accepted Yield (%) | 4.0930 | 4.0886 | 4.1915 | 4.2348 | 4.1135 | 4.4047 |
| Weighted Average Rejected Yield (%) | 4.1330 | 4.1136 | 4.2585 | 4.2691 | 4.1719 | 4.4383 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40 | 90.6 | 55.6 | 20.8 | 40 | 16 |
| Coverage ratio | 2.747 | 4.775 | 3.385 | 3.707 | 2.830 | 4.255 |
*Individual allotments may vary due to rounding.
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