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NZ Govt Bond Tender #805; Tender Date 10 Mar 2022
10th Mar 22, 2:15pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 805 held on Mar 10, 2022.
Tender Date: Thursday, Mar 10, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Mar 15, 2022
(1) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Mar 10 - #805 | Sep 30 - #786 | Sep 2 - #783 | Aug 19 - #781 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 100 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 100 | 200 | 200 | 200 |
| Total Number of Bids Received | 23 | 23 | 26 | 32 |
| Total Amount of Bids Received ($million) | 231 | 380 | 401 | 340 |
| Total Number of Successful Bids | 11 | 16 | 15 | 25 |
| Highest Yield Accepted (%) | 2.8775 | 1.7650 | 1.6375 | 1.4900 |
| Lowest Yield Accepted (%) | 2.8525 | 1.7500 | 1.6100 | 1.4700 |
| Highest Yield Rejected (%) | 3.0000 | 1.7875 | 1.6700 | 1.5225 |
| Lowest Yield Rejected (%) | 2.8775 | 1.7650 | 1.6375 | 1.4900 |
| Weighted Average Accepted Yield (%) | 2.8616 | 1.7584 | 1.6314 | 1.4808 |
| Weighted Average Rejected Yield (%) | 2.9065 | 1.7717 | 1.6498 | 1.5002 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 23.80 | 11.80 | 98.20 | 50.00 |
| Coverage ratio | 2.31 | 1.90 | 2.01 | 1.70 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Mar 10- #805 | Feb 24- #803 | Feb 10- #801 | Jan 27- #799 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 33 | 29 | 32 | 27 |
| Total Amount of Bids Received ($million) | 221 | 260 | 281 | 280 |
| Total Number of Successful Bids | 18 | 13 | 18 | 10 |
| Highest Yield Accepted (%) | 2.9500 | 2.8250 | 2.7500 | 2.6875 |
| Lowest Yield Accepted (%) | 2.9250 | 2.8025 | 2.7300 | 2.6500 |
| Highest Yield Rejected (%) | 2.9900 | 2.9000 | 2.8200 | 2.7250 |
| Lowest Yield Rejected (%) | 2.9500 | 2.8250 | 2.7500 | 2.6875 |
| Weighted Average Accepted Yield (%) | 2.9384 | 2.8143 | 2.7418 | 2.6805 |
| Weighted Average Rejected Yield (%) | 2.9796 | 2.8378 | 2.7671 | 2.6967 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 66.70 | 50.00 | 23.10 | 76.90 |
| Coverage ratio | 2.21 | 2.60 | 2.81 | 2.80 |
*Individual allotments may vary due to rounding.
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1 Comments
We ( nz tax payers) are now paying 2.95% to borrow for 10 years, while the funding for lending program is lending money to foreign banks at 1 %. All to fund a property ponzi at the expense of the average New Zealander.
Can someone please shake the stupid tree so that the idiots fall out. They have climbed too high.
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