Latest Tender Results - LGFA Bond Tender Number 24

Latest Tender Results - LGFA Bond Tender Number 24

The LGFA has announced the results of LGFA Bond tender number 24 held on 5 November 2014.

Tender Date: Wed, 5 November 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 10 November 2014

Series Offered 5.00%
 15 March 2019
3.00%
 15 April 2020
6.00% 
 15 May 2021
5.50% 
15 April 2023
Total Amount Offered ($million) 10 25 35 90
Total Amount Allocated ($million) 10 25 35 90
Total Number of Bids Received 6 9 17 43
Total Amount of Bids Received ($million) 30 83 77 271
Total Number of Successful Bids 3 2 9 21
Highest Yield Accepted (%) 4.285 4.445 4.590 4.805
Lowest Yield Accepted (%) 4.270 4.445 4.540 4.755
Highest Yield Rejected (%) 4.330 4.580 4.750 4.910
Lowest Yield Rejected (%) 4.285 4.445 4.590 4.805
Weighted Average Accepted Yield (%) 4.2815 4.4450 4.5641 4.7836
Weighted Average Rejected Yield (%) 4.3112 4.4684 4.6394 4.8612
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 50 50 80 80
Coverage Ratio 3 3.32 2.2 3.0111

*Individual allotments may vary due to rounding.

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