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NZ Govt Bond Tender #820; Tender Date 30 Jun 2022
30th Jun 22, 2:10pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 820 held on June 30, 2022.
Tender Date: Thursday, Jun 30, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Jul 5 2022
(1) Nominal Bonds - Series Offered : 4.50% 15 Apr 2027
| Jun 30- #820 | Jun 16- #818 | Jun 2- #816 | May 20- #814 | |
| Series Offered : 4.50% 15 Apr 2027 | ||||
| Total Amount offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of bids Received | 32 | 25 | 29 | 31 |
| Total Amount of bids Received ($million) | 309 | 285 | 384 | 560 |
| Total Number of Successful bids | 11 | 10 | 10 | 1 |
| Highest Yield Accepted (%) | 3.6550 | 3.9800 | 3.4200 | 3.3175 |
| Lowest Yield Accepted (%) | 3.6350 | 3.9550 | 3.4025 | 3.3175 |
| Highest Yield Rejected (%) | 3.7250 | 4.1075 | 3.4875 | 3.3600 |
| Lowest Yield Rejected (%) | 3.6550 | 3.9800 | 3.4200 | 3.3200 |
| Weighted Average Accepted Yield (%) | 3.6450 | 3.9716 | 3.4109 | 3.3175 |
| Weighted Average Rejected Yield (%) | 3.6808 | 4.0249 | 3.4465 | 3.3366 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 25.00 | 58.80 | 20.00 | 100.00 |
| Coverage ratio | 3.09 | 2.85 | 3.84 | 5.60 |
(2) Series Offered : 2.75% 15 May 2051
| Jun 30 - #820 | Jun 16 - #818 | Jun 2 - #816 | May 20 - #814 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 33 | 38 | 33 | 38 |
| Total Amount of Bids Received ($million) | 184 | 209 | 184 | 188 |
| Total Number of Successful Bids | 23 | 18 | 18 | 28 |
| Highest Yield Accepted (%) | 4.1650 | 4.6200 | 4.1050 | 3.9400 |
| Lowest Yield Accepted (%) | 4.1375 | 4.5900 | 4.0750 | 3.8825 |
| Highest Yield Rejected (%) | 4.2350 | 4.6750 | 4.1500 | 4.0000 |
| Lowest Yield Rejected (%) | 4.1650 | 4.6200 | 4.1050 | 3.9400 |
| Weighted Average Accepted Yield (%) | 4.1544 | 4.6019 | 4.0948 | 3.9189 |
| Weighted Average Rejected Yield (%) | 4.1776 | 4.6457 | 4.1283 | 3.9699 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 75.80 | 30.00 | 63.20 | 85.20 |
| Coverage ratio | 1.84 | 2.09 | 1.84 | 1.88 |
*Individual allotments may vary due to rounding.
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