Bonds
Latest Tender Results - LGFA Bond Tender Number 27; $100 mln of new 2027 maturity offered
11th Mar 15, 2:23pm
by
The LGFA has announced the results of LGFA Bond tender number 27 held on 11 March 2015.
Tender Date: Wed, 11 March 2015
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 16 March 2015
| Series Offered |
3.00% 15 April 2020 |
6.00% 15 May 2021 |
5.50% 15 April 2023 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 20 | 30 | 10 | 100 |
| Total Amount Allocated ($million) | 20 | 30 | 10 | 100 |
| Total Number of Bids Received | 8 | 8 | 6 | 58 |
| Total Amount of Bids Received ($million) | 25 | 41 | 50 | 344 |
| Total Number of Successful Bids | 7 | 6 | 1 | 22 |
| Highest Yield Accepted (%) | 3.870 | 3.920 | 3.980 | 4.205 |
| Lowest Yield Accepted (%) | 3.830 | 3.880 | 3.980 | 4.125 |
| Highest Yield Rejected (%) | 4.000 | 3.960 | 4.070 | 4.400 |
| Lowest Yield Rejected (%) | 4.000 | 3.920 | 3.980 | 4.205 |
| Weighted Average Accepted Yield (%) | 3.8460 | 3.8933 | 3.9800 | 4.1834 |
| Weighted Average Rejected Yield (%) | 4.0000 | 3.9427 | 4.0050 | 4.2703 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.0 | 80.0 | 50.0 | 56.5 |
| Coverage Ratio | 1.25 | 1.3667 | 5.0 | 3.44 |
*Individual allotments may vary due to rounding.
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