sign up log in
Want to go ad-free? Find out how, here.

September 2035 Government inflation linked tender sees average yield at 2.3%; continued trend of low number of successful bids. Yield highest in two months

Bonds
September 2035 Government inflation linked tender sees average yield at 2.3%; continued trend of low number of successful bids. Yield highest in two months

The results from the latest inflation indexed bond offer by the Treasury's Debt Management Office have been released.

2.50% - 20 September 2035 Today #552 Previous #549 Previous #546 Previous #543 Previous #543 Previous #538
Series offered tender
Sept. 17, 2015
tender
Aug. 20, 2015
tender
July 16, 2015
tender
June 4, 2015
tender
May 7, 2015
tender
April 2, 2015
Total Amount Offered ($million) 100 100 100 100 100 100
Total Amount Allocated ($million) 100 100 100 100 0 100
Total Number of Bids Received 46 50 60 99 20 33
Total Amount of Bids Received ($million) 203 271 218 297 107 175
Total Number of Successful Bids 7 17 20 27 0 18
Highest Yield Accepted (%) 2.330 2.200 2.250 2.610 0.000 1.880
Lowest Yield Accepted (%) 2.300 2.160 2.200 2.570 0.000 1.850
Highest Yield Rejected (%) 2.470 2.400 2.420 2.810 2.500 1.990
Lowest Yield Rejected (%) 2.340 2.200 2.250 2.610 2.100 1.880
Weighted Average Accepted Yield (%) 2.3127 2.1869 2.2281 2.5985 0.0000 1.8691
Weighted Average Rejected Yield (%) 2.3953 2.2552 2.3086 2.6550 2.2304 1.9089
Amount Allotted at Highest Accepted Yield
as Percentage of Amount Bid at that Yield*
100 6.3 66.7 58.8 0.00 97.5
Coverage Ratio 2.03 2.71 2.18 2.97 1.07 1.75

*Individual allotments may vary due to rounding.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.