Bonds
Latest bond tender of NZ$250 mln received bids for NZ$922 mln with 6 year bonds yielding 4.256%
21st Feb 13, 10:15am
by
The Local Government Funding Agency has announced the results of LGFA Bond tender number 10 held on 20 February 2013.
Tender Date: Wed, 20 Feb 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Mon, 25 Feb 2013
| Series Offered | 6.00% 15 Dec 2017 | 5.00% 15 Mar 2019 |
| Total Amount Offered ($million) | 45 | 205 |
| Total Amount Allocated ($million) | 45 | 205 |
| Total Number of Bids Received | 23 | 49 |
| Total Amount of Bids Received ($million) | 176 | 746 |
| Total Number of Successful Bids | 7 | 10 |
| Highest Yield Accepted (%) | 4.010 | 4.285 |
| Lowest Yield Accepted (%) | 3.850 | 4.170 |
| Highest Yield Rejected (%) | 4.050 | 4.400 |
| Lowest Yield Rejected (%) | 4.010 | 4.290 |
| Weighted Average Accepted Yield (%) | 3.9864 | 4.2564 |
| Weighted Average Rejected Yield (%) | 4.0268 | 4.3269 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 10 | 100 |
*Individual allotments may vary due to rounding.
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