Bonds
September 2040 Government inflation-linked tender #711; weighted average accepted yield was 0.74%; coverage ratio was 2.2x
7th Feb 20, 3:16pm
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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 #711 | Today #706 | Today #702 | Previous #697 | Previous #694 | Previous #690 |
Previous |
Previous #682 |
| Series offered | tender Feb 7, 2020 | tender Dec 5, 2019 | tender Nov 7, 2019 | tender Oct 3, 2019 | tender Sep 5, 2019 | tender Aug 1, 2019 | tender Jul 4, 2019 | tender Jun 6, 2018 |
| Total Amount Offered ($mln) | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 100 |
| Total Amount Allocated ($mln) | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 100 |
| Total Number of Bids Received | 25 | 20 | 26 | 7 | 13 | 27 | 25 | 37 |
| Total Amount of Bids Received ($mln) | 110 | 70 | 85 | 107 | 108 | 190 | 137 | 180 |
| Total Number of Successful Bids | 10 | 15 | 11 | 7 | 13 | 6 | 11 | 28 |
| Highest Yield Accepted (%) | 0.7500 | 0.7250 | 0.6300 | 0.5200 | 0.5000 | 0.8800 | 0.8800 | 1.0150 |
| Lowest Yield Accepted (%) | 0.7200 | 0.6600 | 0.6050 | 0.5000 | 0.4800 | 0.8750 | 0.8600 | 0.9500 |
| Highest Yield Rejected (%) | 0.8500 | 0.7900 | 0.7150 | 0.6000 | 0.5500 | 1.0300 | 0.9800 | 1.0250 |
| Lowest Yield Rejected (%) | 0.7550 | 0.7250 | 0.6300 | 0.5200 | 0.5050 | 0.8800 | 0.8800 | 1.0150 |
| Weighted Average Accepted Yield (%) | 0.7406 | 0.7000 | 0.6171 | 0.5090 | 0.4900 | 0.8792 | 0.8691 | 0.9836 |
| Weighted Average Rejected Yield (%) | 0.7746 | 0.7520 | 0.6584 | 0.5400 | 0.5200 | 0.9000 | 0.8930 | 1.0206 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 40.00 | 22.20 | 93.80 | 100.00 | 57.50 | 40.7 | 25.0 |
| Coverage Ratio | 2.2000 | 1.4000 | 1.7000 | 2.1400 | 2.1600 | 3.8000 | 2.7400 | 1.8000 |
*Individual allotments may vary due to rounding.
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