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NZ Govt Bond Tender #797; Tender Date 16 Dec 2021
16th Dec 21, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 797 held on Dec 16, 2021.
Tender Date: Thursday, Dec 16, 2021.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Dec 21, 2021
(1) Nominal Bonds - Series Offered : 0.50% 15 May 2024
| Dec 16- #797 | Dec 2- #795 | Nov 18- #793 | Nov 4- #791 | |
| Series Offered : 0.50% 15 May 2024 | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 17 | 22 | 19 | 35 |
| Total Amount of bids Received ($million) | 411 | 310 | 585 | 775 |
| Total Number of Successful bids | 13 | 13 | 10 | 9 |
| Highest Yield Accepted (%) | 2.0350 | 1.8925 | 2.0475 | 2.0525 |
| Lowest Yield Accepted (%) | 2.0150 | 1.8700 | 2.0200 | 2.0400 |
| Highest Yield Rejected (%) | 2.0700 | 1.9400 | 2.0900 | 2.1000 |
| Lowest Yield Rejected (%) | 2.0350 | 1.8950 | 2.0475 | 2.0525 |
| Weighted Average Accepted Yield (%) | 2.0238 | 1.8846 | 2.0372 | 2.0471 |
| Weighted Average Rejected Yield (%) | 2.0466 | 1.9191 | 2.0586 | 2.0717 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 18.70 | 100.00 | 10.00 | 55.60 |
| Coverage ratio | 2.05 | 1.55 | 2.92 | 3.87 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Dec 16- #797 | Dec 2- #795 | Nov 18- #793 | Nov 4- #791 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of Bids Received | 34 | 30 | 29 | 31 |
| Total Amount of Bids Received ($million) | 445 | 310 | 472 | 322 |
| Total Number of Successful Bids | 23 | 23 | 1 | 20 |
| Highest Yield Accepted (%) | 2.3650 | 2.4100 | 2.5975 | 2.6425 |
| Lowest Yield Accepted (%) | 2.3450 | 2.3600 | 2.5975 | 2.6125 |
| Highest Yield Rejected (%) | 2.3800 | 2.4250 | 2.6550 | 2.6975 |
| Lowest Yield Rejected (%) | 2.3650 | 2.4100 | 2.6125 | 2.6425 |
| Weighted Average Accepted Yield (%) | 2.3559 | 2.3924 | 2.5975 | 2.6289 |
| Weighted Average Rejected Yield (%) | 2.3686 | 2.4169 | 2.6299 | 2.6544 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 12.90 | 12.50 | 100.00 | 30.10 |
| Coverage ratio | 2.22 | 1.55 | 2.36 | 1.61 |
(3) Series Offered : 2.75% 15 May 2051
| Dec 16 - #797 | Dec 2 - #795 | |
| Series Offered : 2.75% 15 May 2051 | ||
| Total Amount Offered ($million) | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 |
| Total Number of Bids Received | 24 | 29 |
| Total Amount of Bids Received ($million) | 162 | 212 |
| Total Number of Successful Bids | 13 | 9 |
| Highest Yield Accepted (%) | 2.8400 | 2.8175 |
| Lowest Yield Accepted (%) | 2.7900 | 2.7975 |
| Highest Yield Rejected (%) | 2.9900 | 2.8650 |
| Lowest Yield Rejected (%) | 2.8400 | 2.8175 |
| Weighted Average Accepted Yield (%) | 2.8066 | 2.8025 |
| Weighted Average Rejected Yield (%) | 2.8959 | 2.8304 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 14.30 | 60.00 |
| Coverage ratio | 1.62 | 2.12 |
*Individual allotments may vary due to rounding.
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