Bonds
LGFA Bond Tender Number 59; weighted average accepted yield was 3.04%; coverage ratio was 1.80x
3rd Oct 18, 2:21pm
by
The LGFA has announced the results of LGFA Bond tender number 59 held on 3 October 2018.
Tender Date: Wednesday, 3 October 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 8 October 2018
| Today | Previous (22-8-18) | Previous (18-7-18) | ||||||||||
| Series Offered |
2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 70 | 50 | 40 | 50 | 50 | 50 | 40 | 70 | 30 | 40 | 30 | 75 |
| Total Amount Allocated ($million) | 70 | 50 | 40 | 50 | 50 | 50 | 20 | 90 | 30 | 40 | 30 | 75 |
| Total Number of Bids Received | 9 | 17 | 16 | 12 | 16 | 18 | 8 | 27 | 13 | 21 | 17 | 24 |
| Total Amount of Bids Received ($million) | 126 | 94 | 107 | 50 | 157 | 165 | 20 | 140 | 80 | 141 | 83 | 209 |
| Total Number of Successful Bids | 2 | 10 | 4 | 12 | 5 | 8 | 8 | 16 | 8 | 6 | 7 | 4 |
| Highest Yield Accepted (%) | 2.380 | 2.965 | 3.265 | 3.915 | 2.420 | 2.985 | 3.270 | 3.840 | 2.670 | 3.270 | 3.500 | 4.080 |
| Lowest Yield Accepted (%) | 2.380 | 2.935 | 3.260 | 3.855 | 2.410 | 2.955 | 3.230 | 3.785 | 2.650 | 3.255 | 3.465 | 4.070 |
| Highest Yield Rejected (%) | 2.430 | 2.990 | 3.330 | 0.000 | 2.480 | 3.030 | 0.000 | 3.890 | 2.745 | 3.340 | 3.600 | 4.180 |
| Lowest Yield Rejected (%) | 2.380 | 2.965 | 3.265 | 0.000 | 2.420 | 2.985 | 0.000 | 3.840 | 2.670 | 3.270 | 3.500 | 4.080 |
| Weighted Average Accepted Yield (%) | 2.3800 | 2.9536 | 3.2646 | 3.8816 | 2.4127 | 2.9774 | 3.2490 | 3.8274 | 2.6548 | 3.2685 | 3.4851 | 4.0748 |
| Weighted Average Rejected Yield (%) | 2.3928 | 2.9772 | 3.2838 | 0.0000 | 2.4323 | 2.9980 | 0.0000 | 3.8498 | 2.6841 | 3.2865 | 3.5445 | 4.1088 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 70.0 | 40.0 | 56.9 | 100.0 | 32.4 | 71.4 | 100.0 | 78.0 | 16.2 | 50.7 | 26.7 | 96.9 |
| Coverage Ratio | 1.8000 | 1.8800 | 2.6750 | 1.0000 | 3.1400 | 3.3000 | 0.5000 | 2.0000 | 2.6667 | 3.5250 | 2.7733 | 2.7867 |
*Individual allotments may vary due to rounding.
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