Bonds
September 2040 Government inflation-linked tender #686; weighted average accepted yield was 0.87%; coverage ratio was 2.74x
4th Jul 19, 2:08pm
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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 #686 | Previous #682 | Previous #678 | Previous #675 | Previous #671 | Previous #667 | Previous #640 | |
| Series offered | tender Jul 4, 2019 | tender Jun 6, 2018 | tender May 2, 2018 | tender Apr 4, 2018 | tender Mar 7, 2018 | tender Feb 7, 2018 | tender July 5, 2018 | |
| Total Amount Offered ($mln) | 50 | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Amount Allocated ($mln) | 50 | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Number of Bids Received | 25 | 37 | 29 | 36 | 30 | 35 | 50 | |
| Total Amount of Bids Received ($mln) | 137 | 180 | 162 | 203 | 197 | 217 | 226 | |
| Total Number of Successful Bids | 11 | 28 | 16 | 24 | 18 | 18 | 21 | |
| Highest Yield Accepted (%) | 0.8800 | 1.0150 | 1.2750 | 1.3450 | 1.4700 | 1.5000 | 1.9650 | |
| Lowest Yield Accepted (%) | 0.8600 | 0.9500 | 1.2600 | 1.3050 | 1.4350 | 1.4650 | 1.9350 | |
| Highest Yield Rejected (%) | 0.9800 | 1.0250 | 1.3150 | 1.4500 | 1.5550 | 1.5700 | 2.0500 | |
| Lowest Yield Rejected (%) | 0.8800 | 1.0150 | 1.2750 | 1.3450 | 1.4700 | 1.5000 | 1.9650 | |
| Weighted Average Accepted Yield (%) | 0.8691 | 0.9836 | 1.2695 | 1.3324 | 1.4476 | 1.4902 | 1.9517 | |
| Weighted Average Rejected Yield (%) | 0.8930 | 1.0206 | 1.2856 | 1.3704 | 1.5102 | 1.5304 | 1.9973 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40.7 | 25.0 | 77.8 | 44.0 | 40.0 | 16.0 | 37.5 | |
| Coverage Ratio | 2.7400 | 1.8000 | 1.6200 | 2.0300 | 1.9700 | 2.1700 | 2.2600 |
*Individual allotments may vary due to rounding.
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