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NZ Govt Bond Tender #800; Tender Date 3 Feb 2022
3rd Feb 22, 2:30pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 800 held on Feb 3, 2022.
Tender Date: Thursday, Feb 3, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Feb 9, 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Feb 3- #800 | Dec 16- #798 | |
| Series Offered : 4.50% 15 Apr 2027 | ||
| Total Amount offered ($million) | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 |
| Total Number of bids Received | 26 | 18 |
| Total Amount of bids Received ($million) | 360 | 280 |
| Total Number of Successful bids | 11 | 7 |
| Highest Yield Accepted (%) | 2.3475 | 2.4500 |
| Lowest Yield Accepted (%) | 2.3350 | 2.4400 |
| Highest Yield Rejected (%) | 2.3700 | 2.4875 |
| Lowest Yield Rejected (%) | 2.3475 | 2.4500 |
| Weighted Average Accepted Yield (%) | 2.3434 | 2.4440 |
| Weighted Average Rejected Yield (%) | 2.3608 | 2.4694 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 55.60. | 33.30 |
| Coverage ratio | 3.60 | 2..80 |
(2) Series Offered : 2.75% 15 May 2051
| Feb 3 - #800 | Jan 20 - #798 | Dec 16 - #797 | Dec 2 - #795 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 21 | 26 | 24 | 29 |
| Total Amount of Bids Received ($million) | 174 | 190 | 162 | 212 |
| Total Number of Successful Bids | 2 | 8 | 13 | 9 |
| Highest Yield Accepted (%) | 2.8675 | 2.9975 | 2.8400 | 2.8175 |
| Lowest Yield Accepted (%) | 2.8675 | 2.9850 | 2.7900 | 2.7975 |
| Highest Yield Rejected (%) | 2.9100 | 3.0600 | 2.9900 | 2.8650 |
| Lowest Yield Rejected (%) | 2.8675 | 3.0000 | 2.8400 | 2.8175 |
| Weighted Average Accepted Yield (%) | 2.8675 | 2.9884 | 2.8066 | 2.8025 |
| Weighted Average Rejected Yield (%) | 2.8885 | 3.0165 | 2.8959 | 2.8304 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 95.20 | 100.00 | 14.30 | 60.00 |
| Coverage ratio | 1.74 | 1.90 | 1.62 | 2.12 |
*Individual allotments may vary due to rounding.
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