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

September 2035 Government inflation linked tender sees average yield fall to 2.50%; solid coverage ratio but continuing to see a small number of successful bids

Bonds
September 2035 Government inflation linked tender sees average yield fall to 2.50%; solid coverage ratio but continuing to see a small number of successful bids

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 #559 Previous #556 Previous #554 Previous #552 Previous #549
Series offered tender
Dec. 11, 2015
tender
Nov. 12, 2015
tender
Oct. 8, 2015
tender
Sept. 17, 2015
tender
Aug. 20, 2015
Total Amount Offered ($mln) 100 100 100 100 100
Total Amount Allocated ($mln) 100 100 100 100 100
Total Number of Bids Received 37 57 55 46 50
Total Amount of Bids Received ($mln) 282 247 235 203 271
Total Number of Successful Bids 5 19 34 7 17
Highest Yield Accepted (%) 2.600 2.580 2.450 2.330 2.200
Lowest Yield Accepted (%) 2.500 2.540 2.370 2.300 2.160
Highest Yield Rejected (%) 2.780 2.900 2.580 2.470 2.400
Lowest Yield Rejected (%) 2.600 2.590 2.450 2.340 2.200
Weighted Average Accepted Yield (%) 2.5085 2.5655 2.4221 2.3127 2.1869
Weighted Average Rejected Yield (%) 2.6421 2.6633 2.4939 2.3953 2.2552
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 22.2 100 70 100 6.3
Coverage Ratio 2.82 2.47 2.35 2.03 2.71

*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.