Bonds
September 2035 Government inflation linked tender sees average yield at 2.57% up from last months 2.4%; 2.5x coverage ratio but small number of successful bids
12th Nov 15, 2:16pm
by
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 #556 | Previous #554 | Previous #552 | Previous #549 | Previous #546 |
| Series offered | tender Nov. 12, 2015 |
tender Oct. 8, 2015 |
tender Sept. 17, 2015 |
tender Aug. 20, 2015 |
tender Jul. 16, 2015 |
| Total Amount Offered ($mln) | 100 | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($mln) | 100 | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 57 | 55 | 46 | 50 | 60 |
| Total Amount of Bids Received ($mln) | 247 | 235 | 203 | 271 | 218 |
| Total Number of Successful Bids | 19 | 34 | 7 | 17 | 20 |
| Highest Yield Accepted (%) | 2.580 | 2.450 | 2.330 | 2.200 | 2.250 |
| Lowest Yield Accepted (%) | 2.540 | 2.370 | 2.300 | 2.160 | 2.200 |
| Highest Yield Rejected (%) | 2.900 | 2.580 | 2.470 | 2.400 | 2.420 |
| Lowest Yield Rejected (%) | 2.590 | 2.450 | 2.340 | 2.200 | 2.250 |
| Weighted Average Accepted Yield (%) | 2.5655 | 2.4221 | 2.3127 | 2.1869 | 2.2281 |
| Weighted Average Rejected Yield (%) | 2.6633 | 2.4939 | 2.3953 | 2.2552 | 2.3086 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100 | 70 | 100 | 6.3 | 66.7 |
| Coverage Ratio | 2.47 | 2.35 | 2.03 | 2.71 | 2.18 |
*Individual allotments may vary due to rounding.
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