LGFA
Latest Tender Results - LGFA Bond Tender Number 44; 100% of 2020 bonds allotted at lowest yield offered, with a coverage ratio of 8.25; weighted coverage ratio rises to 4.4 times; weighted average yields slightly lower across all terms
15th Feb 17, 2:42pm
Latest Tender Results - LGFA Bond Tender Number 44; 100% of 2020 bonds allotted at lowest yield offered, with a coverage ratio of 8.25; weighted coverage ratio rises to 4.4 times; weighted average yields slightly lower across all terms
Latest Tender Results - LGFA Bond Tender Number 43; rate curve steepens; weighted coverage ratio rises to 3.1 times; average weighted yield jumps 18% to 3.9%
14th Dec 16, 2:36pm
Latest Tender Results - LGFA Bond Tender Number 43; rate curve steepens; weighted coverage ratio rises to 3.1 times; average weighted yield jumps 18% to 3.9%
Latest Tender Results - LGFA Bond Tender Number 42; wide spread on bidding yields; weighted coverage ratio rises to 2.9 times; average weighted yield jumps 10% to 3.3%
10th Nov 16, 2:36pm
Latest Tender Results - LGFA Bond Tender Number 42; wide spread on bidding yields; weighted coverage ratio rises to 2.9 times; average weighted yield jumps 10% to 3.3%
Latest Tender Results - LGFA Bond Tender Number 41; Investor demand in longer dated bonds; weighted coverage ratio 2.5 times; average weighted yield steady at 3%
5th Oct 16, 2:21pm
Latest Tender Results - LGFA Bond Tender Number 41; Investor demand in longer dated bonds; weighted coverage ratio 2.5 times; average weighted yield steady at 3%
Latest Tender Results - LGFA Bond Tender Number 40; demand greater in short and longer maturities; very low rate of bids accepted; average weighted yield a smidge under 3%
24th Aug 16, 2:29pm
Latest Tender Results - LGFA Bond Tender Number 40; demand greater in short and longer maturities; very low rate of bids accepted; average weighted yield a smidge under 3%
Latest Tender Results - LGFA Bond Tender Number 39; better demand and coverage ratio, preference for longer dated debt; average weighted yield just shy of 3%
20th Jul 16, 2:20pm
Latest Tender Results - LGFA Bond Tender Number 39; better demand and coverage ratio, preference for longer dated debt; average weighted yield just shy of 3%
Latest Tender Results - LGFA Bond Tender Number 38; tepid interest in tender; low weighted average coverage ratio of 1.7x; average weighted yield 3.1%
15th Jun 16, 2:24pm
Latest Tender Results - LGFA Bond Tender Number 38; tepid interest in tender; low weighted average coverage ratio of 1.7x; average weighted yield 3.1%
Latest Tender Results - LGFA Bond Tender Number 37; punters fighting over tiny LGFA issue; yields and coverage ratios fall; average weighted yield 2.89%, average weighted coverage ratio high at 3.2x
11th May 16, 2:22pm
Latest Tender Results - LGFA Bond Tender Number 37; punters fighting over tiny LGFA issue; yields and coverage ratios fall; average weighted yield 2.89%, average weighted coverage ratio high at 3.2x
Latest Tender Results - LGFA Bond Tender Number 36; paltry number of successful bids; average weighted yield 3.2%, average weighted coverage ratio high at 4.0x
6th Apr 16, 2:20pm
Latest Tender Results - LGFA Bond Tender Number 36; paltry number of successful bids; average weighted yield 3.2%, average weighted coverage ratio high at 4.0x
Latest Tender Results - LGFA Bond Tender Number 35; popular across all maturities, especially 2023's; average weighted accepted yield 3.8%
17th Feb 16, 2:20pm
Latest Tender Results - LGFA Bond Tender Number 35; popular across all maturities, especially 2023's; average weighted accepted yield 3.8%
Latest Tender Results - LGFA Bond Tender Number 34; massive over-subscription for all maturities; average weighted accepted yield in line with last tender
9th Dec 15, 4:05pm
Latest Tender Results - LGFA Bond Tender Number 34; massive over-subscription for all maturities; average weighted accepted yield in line with last tender
Listing of LGFA debt sees NZX's fixed income market grow to NZ$19 bln, giving retail investors greater access to this paper
16th Nov 15, 9:56am
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Listing of LGFA debt sees NZX's fixed income market grow to NZ$19 bln, giving retail investors greater access to this paper
Latest Tender Results - LGFA Bond Tender Number 33; long-end under-allocated; LGFA re-jigs allocations; average weighted accepted yield 3.8% (previously 3.85%)
4th Nov 15, 2:29pm
Latest Tender Results - LGFA Bond Tender Number 33; long-end under-allocated; LGFA re-jigs allocations; average weighted accepted yield 3.8% (previously 3.85%)
Latest Tender Results - LGFA Bond Tender Number 32; weighted coverage ratio drops despite strong demand for shorter dated issue; average weighted accepted yield 3.85%
23rd Sep 15, 2:30pm
Latest Tender Results - LGFA Bond Tender Number 32; weighted coverage ratio drops despite strong demand for shorter dated issue; average weighted accepted yield 3.85%
Latest Tender Results - LGFA Bond Tender Number 31; strong demand for 2023's, average weighted coverage ratio is 2.4x, and yield is 3.80%
19th Aug 15, 2:28pm
Latest Tender Results - LGFA Bond Tender Number 31; strong demand for 2023's, average weighted coverage ratio is 2.4x, and yield is 3.80%
Latest Tender Results - LGFA Bond Tender Number 30; 50% of bids accepted in long end, keen interest in 2021 maturity
15th Jul 15, 2:22pm
Latest Tender Results - LGFA Bond Tender Number 30; 50% of bids accepted in long end, keen interest in 2021 maturity
Latest Tender Results - LGFA Bond Tender Number 29; 2027's over subscribed by 3x and pay 4.35%
3rd Jun 15, 2:25pm
Latest Tender Results - LGFA Bond Tender Number 29; 2027's over subscribed by 3x and pay 4.35%
A review of things you need to know before you go home on Wednesday; strong jobs demand, strong LGFA bond demand, strong car sales, dodgy fx trading, swap rates up
8th Apr 15, 4:00pm
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A review of things you need to know before you go home on Wednesday; strong jobs demand, strong LGFA bond demand, strong car sales, dodgy fx trading, swap rates up
Latest Tender Results - LGFA Bond Tender Number 28; strong demand for 2020 & 2023's but very few bids accepted
8th Apr 15, 2:22pm
Latest Tender Results - LGFA Bond Tender Number 28; strong demand for 2020 & 2023's but very few bids accepted
Latest Tender Results - LGFA Bond Tender Number 27; $100 mln of new 2027 maturity offered
11th Mar 15, 2:23pm
Latest Tender Results - LGFA Bond Tender Number 27; $100 mln of new 2027 maturity offered
Latest Tender Results - LGFA Bond Tender Number 26
4th Feb 15, 2:21pm
Latest Tender Results - LGFA Bond Tender Number 26
Latest Tender Results - LGFA Bond Tender Number 25
10th Dec 14, 2:26pm
Latest Tender Results - LGFA Bond Tender Number 25
Latest Tender Results - LGFA Bond Tender Number 24
5th Nov 14, 2:23pm
Latest Tender Results - LGFA Bond Tender Number 24
Bernard Hickey argues councils and the Government are now trapped in a political vice of low inflation expectations as they grapple with funding big infrastructure investments
2nd Nov 14, 7:30am
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Bernard Hickey argues councils and the Government are now trapped in a political vice of low inflation expectations as they grapple with funding big infrastructure investments
Latest Tender Results - LGFA Bond Tender Number 23
24th Sep 14, 2:20pm
Latest Tender Results - LGFA Bond Tender Number 23