Bonds
LGFA Bond Tender Number 65; weighted average accepted yield was 1.99%; coverage ratio was 2.64x
17th Jul 19, 2:22pm
by
The LGFA has announced the results of LGFA Bond tender number 65 held on 17 July2019.
Tender Date: Wednesday, 17 July 2019
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Friday, 22 July 2019
| Today | Previous (12 June 2019) | Previous (7 May 2019) | ||||||||
| Series Offered |
2.75% 14 Apr 2022 | 2.25% 15 Apr 2024 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 5.50% 15 Apr 2023 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 60 | 60 | 50 | 50 | 21 | 50 | 50 | 50 | 50 | 60 |
| Total Amount Allocated ($million) | 60 | 60 | 50 | 50 | 21 | 50 | 50 | 50 | 50 | 60 |
| Total Number of Bids Received | 12 | 12 | 14 | 9 | 8 | 18 | 23 | 11 | 23 | 27 |
| Total Amount of Bids Received ($million) | 155 | 207 | 87 | 79 | 59 | 124 | 69 | 93 | 189 | 125 |
| Total Number of Successful Bids | 6 | 2 | 11 | 4 | 2 | 6 | 20 | 1 | 1 | 8 |
| Highest Yield Accepted (%) | 1.600 | 1.795 | 2.730 | 1.665 | 1.780 | 2.065 | 2.910 | 1.845 | 2.290 | 3.145 |
| Lowest Yield Accepted (%) | 1.585 | 1.785 | 2.690 | 1.650 | 1.780 | 2.050 | 2.835 | 1.845 | 2.290 | 3.115 |
| Highest Yield Rejected (%) | 1.645 | 1.860 | 2.765 | 1.700 | 1.820 | 2.120 | 2.930 | 1.940 | 2.450 | 3.320 |
| Lowest Yield Rejected (%) | 1.6 | 1.795 | 2.730 | 1.665 | 1.780 | 2.065 | 2.910 | 1.860 | 2.300 | 3.145 |
| Weighted Average Accepted Yield (%) | 1.5925 | 1.7939 | 2.7137 | 1.6580 | 1.7800 | 2.0624 | 2.8776 | 1.8450 | 2.2900 | 3.1268 |
| Weighted Average Rejected Yield (%) | 1.6105 | 1.8192 | 2.7368 | 1.6807 | 1.7929 | 2.0792 | 2.9221 | 1.8914 | 2.3312 | 3.1898 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 10.0 | 88.7 | 12.0 | 60.0 | 50.0 | 56.7 | 16.7 | 100.0 | 100.0 | 20.0 |
| Coverage Ratio | 2.5833 | 3.4467 | 1.7400 | 1.5800 | 2.8095 | 2.4800 | 1.3800 | 1.8600 | 3.7800 | 2.0833 |
*Individual allotments may vary due to rounding.
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