Bonds
September 2040 Government inflation-linked tender #631; weighted average accepted yield down to 2.16%; coverage ratio up to 1.84x
5th Apr 18, 2:10pm
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 2040 | Today #631 | Previous #629 | Previous #626 | Previous #622 | Previous #619 | Previous #614 |
| Series offered | tender Apr 5, 2018 | tender Mar 1, 2018 | tender Feb 1, 2018 | tender Dec 7, 2017 |
tender Nov 10, 2017 |
tender Sep 14, 2017 |
| 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 | 37 | 41 | 34 | 41 | 43 | 33 |
| Total Amount of Bids Received ($mln) | 184 | 203 | 189 | 214 | 301 | 223 |
| Total Number of Successful Bids | 22 | 23 | 21 | 28 | 4 | 13 |
| Highest Yield Accepted (%) | 2.1700 | 2.2100 | 2.0850 | 2.1300 | 2.1700 | 2.3700 |
| Lowest Yield Accepted (%) | 2.1400 | 2.1700 | 2.0400 | 2.0600 | 2.1400 | 2.3400 |
| Highest Yield Rejected (%) | 2.2200 | 2.2950 | 2.1700 | 2.2150 | 2.2900 | 2.4400 |
| Lowest Yield Rejected (%) | 2.1700 | 2.2100 | 2.0850 | 2.1300 | 2.1800 | 2.3700 |
| Weighted Average Accepted Yield (%) | 2.1584 | 2.1987 | 2.0627 | 2.1110 | 2.1550 | 2.3560 |
| Weighted Average Rejected Yield (%) | 2.1848 | 2.2383 | 2.1231 | 2.1570 | 2.2163 | 2.3902 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 67.6 | 28.6 | 7.1 | 42.1 | 100.0 | 88.0 |
| Coverage Ratio | 1.8400 | 2.0300 | 1.8900 | 2.1400 | 3.0100 | 2.2300 |
*Individual allotments may vary due to rounding.
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