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NZ Govt Bond Tender #821; Tender Date 7 Jul 2022
7th Jul 22, 2:30pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 821 held on July 7, 2022.
Tender Date: Thursday, Jul 7, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Jul 12 2022
(1) Series Offered : 0.5% 15 May 2026
| Jul 7 - #821 | Dec 9 - #796 | Nov 25 - #794 | Nov 11 - #792 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
| Total Number of bids Received | 39 | 29 | 19 | 27 |
| Total Amount of bids Received ($million) | 499 | 550 | 280 | 380 |
| Total Number of Successful bids | 16 | 9 | 16 | 18 |
| Highest Yield Accepted (%) | 3.4000 | 2.3350 | 2.3000 | 2.3225 |
| Lowest Yield Accepted (%) | 3.3725 | 2.3100 | 2.2550 | 2.2925 |
| Highest Yield Rejected (%) | 3.4600 | 2.4200 | 2.3200 | 2.4000 |
| Lowest Yield Rejected (%) | 3.4000 | 2.3350 | 2.3000 | 2.3225 |
| Weighted Average Accepted Yield (%) | 3.3924 | 2.3259 | 2.2802 | 2.3079 |
| Weighted Average Rejected Yield (%) | 3.4173 | 2.3655 | 2.3038 | 2.3466 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 56.70 | 83.30 | 47.80 | 50.00 |
| Coverage ratio | 2.49 | 2.75 | 1.4 | 1.9 |
(2) Series Offered : 3.00% 20 Apr 2029
| Jul 7 - #821 | Jul 29 - #778 | Jul 15 - #776 | Jul 1 - #774 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 150 | 200 | 200 | 200 |
| Total Amount Allocated ($million) | 150 | 200 | 200 | 200 |
| Total Number of Bids Received | 32 | 27 | 26 | 28 |
| Total Amount of Bids Received ($million) | 571 | 390 | 280 | 410 |
| Total Number of Successful Bids | 1 | 5 | 24 | 16 |
| Highest Yield Accepted (%) | 3.5050 | 1.3675 | 1.4950 | 1.5475 |
| Lowest Yield Accepted (%) | 3.5050 | 1.3600 | 1.4475 | 1.5175 |
| Highest Yield Rejected (%) | 3.5700 | 1.4000 | 1.5000 | 1.5700 |
| Lowest Yield Rejected (%) | 3.5075 | 1.3675 | 1.4950 | 1.5500 |
| Weighted Average Accepted Yield (%) | 3.5050 | 1.3671 | 1.4703 | 1.5352 |
| Weighted Average Rejected Yield (%) | 3.5293 | 1.3784 | 1.4998 | 1.5568 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 86.00 | 40.00 | 100.00 |
| Coverage ratio | 3.81 | 1.95 | 1.40 | 2.05 |
(3) Series Offered : 2.75% 15 May 2051
| Jul 7 - #821 | Jun 30 - #820 | Jun 16 - #818 | Jun 2 - #816 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 50 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 50 | 100 | 100 | 100 |
| Total Number of Bids Received | 52 | 33 | 38 | 33 |
| Total Amount of Bids Received ($million) | 131 | 184 | 209 | 184 |
| Total Number of Successful Bids | 2 | 23 | 18 | 18 |
| Highest Yield Accepted (%) | 3.9800 | 4.1650 | 4.6200 | 4.1050 |
| Lowest Yield Accepted (%) | 3.9750 | 4.1375 | 4.5900 | 4.0750 |
| Highest Yield Rejected (%) | 4.0700 | 4.2350 | 4.6750 | 4.1500 |
| Lowest Yield Rejected (%) | 3.9800 | 4.1650 | 4.6200 | 4.1050 |
| Weighted Average Accepted Yield (%) | 3.9797 | 4.1544 | 4.6019 | 4.0948 |
| Weighted Average Rejected Yield (%) | 4.0161 | 4.1776 | 4.6457 | 4.1283 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 94.00 | 75.80 | 30.00 | 63.20 |
| Coverage ratio | 2.62 | 1.84 | 2.09 | 1.84 |
*Individual allotments may vary due to rounding.
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