Bonds
September 2035 Government inflation-linked tender #605; coverage ratio dropped to 2.1 times from 4.7 times; weighted average yield 24 bps lower at 1.91%
8th Jun 17, 2:15pm
by
The results from the latest inflation-indexed bond offer by the Treasury's Debt Management Office have been released. The details are shown below.
| 2.50% - 20 September 2035 | Today #605 |
Previous #602 |
Previous #599 |
Previous #594 | Previous #590 | 1 Year Ago #567 | |
| Series offered | tender Jun. 8, 2017 |
tender May 12, 2017 |
tender Apr. 13, 2017 |
tender Feb. 10, 2017 |
tender Dec. 9, 2016 | tender Jun. 10, 2016 | |
| Total Amount Offered ($mln) | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Amount Allocated ($mln) | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Number of Bids Received | 39 | 49 | 40 | 42 | 50 | 35 | |
| Total Amount of Bids Received ($mln) | 207 | 471 | 234 | 451 | 538 | 180 | |
| Total Number of Successful Bids | 22 | 7 | 20 | 11 | 14 | 20 | |
| Highest Yield Accepted (%) | 1.9200 | 2.1600 | 2.1550 | 2.4200 | 2.4300 | 1.8600 | |
| Lowest Yield Accepted (%) | 1.8950 | 2.1250 | 2.1150 | 2.3950 | 2.4150 | 1.8300 | |
| Highest Yield Rejected (%) | 1.9850 | 2.2700 | 2.2600 | 2.5500 | 2.5750 | 2.0300 | |
| Lowest Yield Rejected (%) | 1.9200 | 2.1600 | 2.1550 | 2.4200 | 2.4300 | 1.8600 | |
| Weighted Average Accepted Yield (%) | 1.9094 | 2.1485 | 2.1426 | 2.4110 | 2.4238 | 1.8425 | |
| Weighted Average Rejected Yield (%) | 1.9560 | 2.1905 | 2.1967 | 2.4501 | 2.4694 | 1.9339 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 89.5 | 71.4 | 75.0 | 37.5 | 51.2 | 53.3 | |
| Coverage Ratio | 2.07 | 4.71 | 2.34 | 4.51 | 5.38 | 1.8 |
*Individual allotments may vary due to rounding.
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